Principal investigators with an existing designated award, endowed chair, or project award with an end date of June 30, 2020 will be affected by this. You will not be affected by this if your award has a different end date.

Any unspent dollars on your existing Foundation grants as of June 30, 2020 will be returned to the Foundation and placed into the funds from which they were originally granted.

If the grant is a designated or endowed chair, you won’t lose any money. Those funds will be placed into your designated/endowed chair at the Foundation. Those funds can be requested at a later date.

Project award recipients with grants ending June 30, 2020 are strongly encouraged to spend funds prior to that end date. However, if a strong business reason exists an extension may be granted. 

You should spend all of the funds in your existing grant by June 30, 2020.

The change is being made so that grants can be tracked in a more efficient manner consistent with the other grants issued by the Foundation. Payments will transition from fixed amounts to direct reimbursement based on spending.

No. This “No Carryover” will only affect grants with an ending period of June 30, 2020.

This webpage will be updated with the latest information related to these changes. You may also contact Donald Buckner, the Foundation's grants and funds administration manager, at [email protected].

A cosmetic change to the Notice Of Awards (NOA) will be effective Sept 1, 2019. This will be a visual reminder that awards in this new format are all direct reimbursements.