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.

Grant proposals and the UMB Foundation

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)