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CRC Grants Workshop April 22, 2014

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).

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CRC Grants Workshop April 22, 2014

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  1. CRC Grants WorkshopApril 22, 2014 The FSU Research Foundation Amy Starkey Assistant Director, FSU Research Foundation

  2. 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.

  3. Research FoundationOrganizational Structure • Direct Support Organization • Not for profit • Separate books • Separate Financials and Tax Return

  4. Research FoundationGoals • 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.

  5. Research Foundation • How do I know when to use the Research Foundation? Sponsored Research Research Foundation $$$$ Foundation

  6. Sponsored Research vs Research Foundation

  7. Research Foundation vs Foundation

  8. 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

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