University Foundation and Grants and Sponsored Programs. Donors and gifts to the University are to be directed to the Foundation, while sponsored programs and grants are the responsibility of University's Office of Sponsored Programs. In seeking external funding, university faculty and staff shall coordinate their activities with the appropriate entity. The Parties shall coordinate directing requests to the appropriate entity. If there is a question regarding classification of external funding as to grant, contract, or gift and who should have primary responsibility for the management and reporting thereof, the University Chancellor (or designee) will resolve the issue. Gifts which are accepted by the Foundation are accepted and monitored in accordance with Foundation policies and applicable laws governing non-profit 501(c)3 entities. Gifts which are accepted by University are accepted and monitored in accordance with University guidelines and Board of Regents' Policy 901.7 Donations. University leadership and staff must collaborate with the Foundation to ensure that funds are expended in accordance with donor intent, as required by law.
