Research Foundation: Goals, Structure, and Differences Explained
Explore the history, organizational structure, goals, and differences between Research Foundation and Sponsored Research in this comprehensive guide. Learn how to leverage the Research Foundation for grants, contracts, and more.
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Presentation Transcript
CRC GRANTS WORKSHOP APRIL 22, 2014 The FSU Research Foundation Amy Starkey Assistant Director, FSU Research Foundation
Research Foundation History of the Research Foundation Established in September 1993 as a Direct Support Organization (DSO). Operate in a manner consistent with the goals of the University, the interests of the State of Florida, and the IRS.
Research Foundation Organizational Structure Direct Support Organization Not for profit Separate books Separate Financials and Tax Return
Research Foundation Goals Promote, encourage and assist faculty in obtaining private contract and grant funding. Facilitate technology transfer and manage IP assets. Develop an infrastructure which supports research activities.
Research Foundation How do I know when to use the Research Foundation? Sponsored Research Research Foundation $$$$ Foundation
Sponsored Research vs Research Foundation Sponsored Research Federal State Local Public Universities Governmental pass-through Research Foundation Private Corporations Not for Profits Foreign Governments Private Universities
Research Foundation vs Foundation Research Foundation Contracts Grants FSU personnel, equipment, or facilities are committed for use in the scope of work Foundation Gifts Bequests NO FSU personnel, equipment, or facilities are committed for use in the scope of work
How Does the Research Foundation Differ from Sponsored Research? Three grants analysts cradle to grave Automatic Indirect cost waiver for grants less than $10,000 Less stringent terms and conditions in contracts Companion salary accounts in OMNI PI s act as own purchasing agent Payment requests are submitted directly through the Research Foundation Payment turnaround typically 5 business days
Name Title Phone Responsibility Holly Newell Director 4-8138 Manages Internal Accounts & Activity Investments, Tax Reporting and Financial Statements Monthly Reports Amy Starkey Assistant Director 4-3985 Alexander Priest Accounting Specialist Dept l Acctg Associate Grants Compliance Analyst 4-3989 Terrica Coleman 4-8650 Payment Requests and Disbursements Proposals, Contract Negotiation, and Financial Reporting of Grants Gina Wells 4-3983 Cathy Flynn Grants Compliance Analyst 4-2130 Proposals, contract Negotiation and Financial Reporting of Grants Tracie Blackwood Grants Compliance Analyst 4-3981 Proposals, contract Negotiation and Financial Reporting of Grants Margaret Steele Accounting Assistant 4-6222 (8am- 1pm) Royalties
