Grants, Contracts, and Gifts: Robert Morris University Grants, Contracts, and Gifts | Robert Morris University

Research Support

A Contract is a mechanism for procurement of a product or service with specific obligations for both sponsor and recipient. A Grant is a type of financial assistance awarded to an organization for the conduct of research or other program as specified in an approved proposal. Gifts are awards given with few or no conditions specified.

1. Contract: Restricted payments received by the University from various contractors, made in accordance with the terms of contracts entered into by the University to conduct specific programs. Payments made pursuant to contracts are not gifts.

2. Grant: Revenues received from individuals, industry, foundations, and other sources, for the support of University programs and projects. Grants normally fall into two categories:

a. Non Specific Grants are those received in support of restricted programs or projects, but which do not result from a specific grant proposal, no specific resources or services are committed, and no accounting of the use of the funds is required.
b. Specific Grants are those received in accordance with the terms of approved grant proposals for specific programs and projects. Commitments of University's resources or services are made as a condition of the grant, and an accounting of the use of the funds may be required by the grantor.

3. Contract: Restricted payments received by the University from various contractors, made in accordance with the terms of contracts entered into by the University to conduct specific programs. Payments made pursuant to contracts are not gifts.