Grant vs. Gift
Accurate classification and processing of external funds (gifts, grants and various types of contracts) are important parts of UNC’s fiscal and fiduciary responsibilities in its role as a steward of public assets. Sponsor awards and gifts may be labeled in a variety of ways and may not reflect how the University will be required to manage the funding. Below are some general guidelines that should help you decide the appropriate contact office for assistance for your award or gift, especially for funding from corporations and foundations.