Gifts, including Miscellaneous Donors Projects

The University defines gifts as “a voluntary financial or in-kind contribution made by an individual or entity for a charitable purpose without an expectation of direct economic benefit or other tangible compensation from the donor commensurate with the value of the contribution.”

Per the University’s policy on External Support (https://policy.ufl.edu/policy/classification-and-management-of-external-support/), the University of Florida Foundation is the primary recipient of all gifts for the University. 

It is important to appropriately classify external support as sponsored program or gift.  Critical indicators used when determining if funds are sponsored programs and therefore must be routed through DSP and UFIRST prior to acceptance – and not the University of Florida Foundation (UFF) -include but are not limited to:

• Return of unspent funds
• Donor or Sponsor intent
• Provision of materials, equipment, or design specifications
• Detailed financial reporting
• Invoicing for costs incurred
• Publication attribution
• Insurance or indemnification
• RFP process by Donor or Sponsor
• Regulatory compliance including conflicts of interest, human or animal research subjects, export control, licensing, biohazards, radiological materials, and controlled substances