Can I use a trust project (Trust Fund) to purchase gifts? Each university trust fund has a trust fund authority which departments must adhere to certain terms and conditions over the...
What are the tax requirements surrounding prizes and award payments to employees? Prize and award payments to employees must be reported to University Payroll for proper tax treatment. For additional information, please...
What’s the difference between a gift, a grant, and a contract? A gift is a voluntary and nonreciprocal donation of personal (cash, securities, books, equipment, life insurance, etc.) or real property...
