Gift, Restricted Gift or Sponsored Projects
Interested corporate leaders are invited to reach out to CA&ES to review areas of interest and identify specific opportunities for partnership. We will make appropriate introductions, discuss our guidelines for agreements and initiate a first project upon which we can work together.
In the chart below, we outline the differences between gifts and a sponsored project. If you have questions or want to discuss how to collaborate with the College of Agricultural and Environmental Sciences, please contact Melissa Haworth.
| Gift/Unrestricted Gift | Sponsored Project | |
|---|---|---|
| Purpose | Can be for a general or specific purpose such as an endowment, capital projects, research or student support | For specific work or research such as experiments and hypotheses testing |
| Requirements | A co-signed gift agreement for gifts over $50,000 | Formal written agreement that details required reports, intellectual property (IP) rights and other expectations |
| Tax Benefit | Qualifies as a charitable contribution by donor | May qualify for basic research tax credit |
| Type of Proposal | May be informal or formal | Proposal required with submission via an authorized office such as Sponsored Programs |
| Stewardship | May request general progress reports, fund and balance details and/or invitation to open reviews of research | May require detailed financial and other reports on specific timelines |
| Budget | No requirement or expectation of return of unexpended funds or prior spending approvals | Certain expenditures may require prior written approval by sponsor and must be separately budgeted and tracked |
| Who Benefits? | General public is primary beneficiary | May directly benefit sponsor, including IP rights and confidentiality agreements |