1. CRC GRANTS WORKSHOP APRIL 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 Foundation Organizational Structure Direct Support Organization Not for profit Separate books Separate Financials and Tax Return

4. Research Foundation Goals 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? Research Foundation $$$$ Sponsored Research Foundation

6. Sponsored Research vs Research Foundation Sponsored ResearchResearch Foundation FederalPrivate Corporations StateNot for Profits LocalForeign Governments Public UniversitiesPrivate Universities Governmental pass-through

7. Research Foundation vs Foundation Research FoundationFoundation ContractsGifts GrantsBequests FSU personnel, equipment, or facilities are committed for use in the scope of work NO FSU personnel, equipment, or facilities are committed for use in the scope of work

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

9. NameTitlePhoneResponsibility Holly Newell Director4-8138 Manages Internal Accounts & Activity Amy Starkey Assistant Director 4-3985 Investments, Tax Reporting and Financial Statements Alexander Priest Accounting Specialist 4-3989 Monthly Reports Terrica Coleman Dept’l Acctg Associate 4-8650 Payment Requests and Disbursements Gina Wells Grants Compliance Analyst 4-3983 Proposals, Contract Negotiation, and Financial Reporting of Grants Cathy Flynn Grants Compliance Analyst 4-2130 Proposals, contract Negotiation and Financial Reporting of Grants Tracie Blackwood Grants Compliance Analyst 4-3981 Proposals, contract Negotiation and Financial Reporting of Grants Margaret Steele Accounting Assistant 4-6222 (8am- 1pm) Royalties