This reserve is administered by the Foundation. All allocations from the reserve are reviewed and approved by the Vice President of the Foundation upon advice from the Associate General Manager, Research and Community Services. The required funds will be deducted from each college's share at the beginning of the year. For example, the University has agreements to provide SPS on all NIH and NSF grants. Also, Sea Grant projects require matching funds.
Examples are chemical supplies, salaries for research assistants, and travel for grant purposes.
When funds are used for proposal development, it is expected that a proposal would be submitted to a sponsor agency as a result. For example, salary may be paid to a researcher, between grants, for several months before funds are awarded. It is conceivable that faculty may ask the Foundation to forego indirect as a method of SPS, in addition to or in place of obtaining funds from the appropriate college SPS reserve account. The Foundation will bear the cost of indirect foregone only when the charging and collecting of full indirect costs is prohibited by law or specific agency regulations. Of course, no indirect costs will be charged by the Foundation on monies spent from the research reserve accounts.