Gift vs. Sponsored Project

To determine whether your funding is considered a gift or a sponsored project, review these descriptions.

Gifts are managed by the UMB Foundation, and sponsored projects are managed by Sponsored Programs Administration.

Gifts

Are given with no strings attached

  • Donor surrenders control of donation; transfer of funds or item of value is irrevocable
  • Any report provided to the donor is a courtesy and not a condition of the receipt of funds

Provide unrestricted or donor-designated support for general programs (such as the Cancer Center) or projects (such as buildings)

Sponsored Projects

Come with strings attached (conditions), such as:

  • Restrictions on how funds may be expended
  • Report requirements (program and/or financial)
  • Project work to be delivered (services, data, training, etc.)
  • Time periods for conducting the funded project
  • Penalties for failing to use the funds or to deliver the items on a timely basis

Support specific projects, programs, or services (research, training, clinical)