The CSU, Chico University Research Foundation is the fiscal agent for most of the University s grants and contracts. Although you wrote the now-funded proposal and will be the project director, the contract will be written between the funding agency and The CSU, Chico Research Foundation, and the money will be awarded to The Research Foundation. The Research Foundation will set up an account against which you draw funds for your project and will also provide you with services paid for through the recovery of the indirect costs included in most budget requests. Faculty sometimes ask why they should contract through The CSU, Chico Research Foundation rather than contract directly with funding agencies. In fact, a number of faculty operate their own consulting businesses outside the University, and they have every right to do so.
Many funding agencies make awards only to non-profit organizations.
The Research Foundation is a tax-exempt organization through which you can receive awards.