As fiscal administrator, the CSUEB Foundation manages externally funded research and training grants and contracts received by the University. Nearly six million dollars in grant funds are administered each year which are primarily awarded by federal government agencies. External funding also comes from state and local agencies as well as private corporations and foundations. The Foundation receives "indirect costs" for its administration of sponsored program activities. The post award services provided by the Foundation include accounting services, personnel and payroll administration, accounts payable services, general and specialized insurance coverage, compliance and regulatory monitoring, independent audit and legal services.
In support of the University’s sponsored program efforts, the Foundation makes an annual cash contribution equal to the indirect costs earned from externally funded research activities to support a Research Incentive Program. This program is designed to encourage faculty and administration to pursue external funding.
Indirect costs reimburse the Foundation for some of its expenses incurred in supporting externally funded grants and contracts. While the Foundation's federal negotiated indirect cost rate agreement is 47% of salaries, wages, and benefits (SWB) the Foundation actually recovered about 8.4% of salaries, wages, and benefits on all sponsored projects. This was due to the fact that some sponsors mandated lower indirect cost reimbursement. Because the negotiated federal rate in based on the actual costs the Foundation and University incur in order to support sponsored programs, the Foundation subsidized the administrative expenses of those projects that did not fully recover indirect costs.
Some of the programs include EXCEL, MBRS SCORE, ACCLAIM, and Title IV-E among others. For a complete listing of all projects currently managed through Grants and Contracts you can click here.