B.1. Gift or Private Grant
     January 1989

Development Policy and Administration Manual 
Chapter V. Requirements for Reporting Gifts
Section B. Reporting Categories and Definitions     
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                           GIFT OR PRIVATE GRANT


This category identifies whether private support is in the form
of a gift or a private grant.  These definitions are mutually
exclusive; each contribution should be classified as either a
gift or private grant.


Gift

A gift is a contribution to the University that is intended as a
donation, bestowed voluntarily and without expectation of tan-
gible compensation, and for which, in general, no contractual or
grant requirements are imposed.  Gifts are normally awarded
irrevocably.


Private Grant

A private grant is an award to the University that is non-
contractual in nature, but for which one or more of the following
characteristics applies:  

     a)   the grantor requires a report of research results or   
          expenditures; 

     b)   testing or evaluating of proprietary products is
          involved; 

     c)   the grantor states a precise scope of work rather than
          a general area of research; 

     d)   unexpended funds must be returned to the grantor; or

     e)   the grantor requests patent rights.
 
For further information see Section III: D, Is it a Gift or a
Private Grant?