What is stewardship and why is it important?
Stewarding your grant begins as soon as you receive the award notification. In coordination with the Office of Sponsored Research , the Office of Corporate & Foundation Relations (OCFR) will review the grant conditions and send any required paperwork back to the foundation to accept the award (e.g. the grant agreement may require an official Rice signature). OCFR will coordinate thank you letters from the president and/or dean to express the university’s appreciation for the foundation’s support. OCFR also encourages individual faculty to send their own letters of thanks. The grant agreement will likely stipulate a foundation’s narrative and financial reporting requirements. OCFR will track reporting deadlines and remind the principal investigators 45 days before a report is due. Timely submission of reports is an important demonstration of the university’s gratitude, and an important vehicle for keeping the foundation aware of the project’s progress. OCFR also encourages principal inv
