They will make a formal request to your sponsor for any necessary revision of your grant or contract. O nce you have completed your research, submit your final report to your funding source on time. Writing a winning proposal is extremely important, but if you want to maintain a friendly relationship with a funding agency, especially foundations, it is just as important to deliver the final product as promised. F oundations consider grants as given to the University. How you as an individual interact with the foundation reflects on the entire University.
Foundations have small staffs and long memories.
Therefore, once the grant has been received, write a thank you and be prepared to submit periodic updates on your work. Good Luck W e hope these webpages helped you understand how the research funding system works. We also hope you will use the services Michigan Tech offers to help you fund your work, and that you are successful in finding the money you need for the projects you want to pursue.