Can a faculty member direct honorarium or consulting payments to the University as a gift?
Yes, but certain conditions must be met related to constructive receipt of income and following the established “accountable plan”.To avoid constructive receipt of the income the faculty member must never have the right to receive the income directly. The lack of the right to receive the income must be established before the faculty member renders the service. Once the money has been received by the University it must follow the same rules the University uses to avoid imputation of income to a faculty member when the University either pays expenses on behalf of the faculty member or reimburses the faculty member for business expenses.
