What is the difference between a financial interest in a sponsor, and a related financial interest?
A financial interest in a sponsor is a relationship between the PI or other project personnel and the sponsor (either directly, through a spouse, registered domestic partner or dependent child). Some examples are equity holdings in the sponsor, a directorship or management position with the sponsor, consulting income received from the sponsor, travel reimbursement, honoraria received from the sponsor, employment of or financial ownership in the sponsor by a spouse. A related interest is one where an individuals financial interest in an entity other than the sponsor might appear to be directly and significantly affected by the design, conduct, or reporting of the sponsored project.
A financial interest in a sponsor is a relationship between the PI or Key Personnel and the sponsor (either directly, through a spouse, registered domestic partner or dependent child). Some examples are equity holdings in the sponsor, a directorship or management position with the sponsor, income or gifts received from the sponsor, employment of or financial ownership in the sponsor by a spouse. A related interest is one where an individuals financial interest in an entity other than the sponsor might appear to be directly and significantly affected by the design, conduct, or reporting of the sponsored project. Some examples of related financial interests include situations in which: • an individual has assigned to a third party rights to an invention that will be used in the sponsored project; • an organization in which an individual has a personal financial interest will be supplying a product for use in a sponsored project; • an entity in which an individual has an interest will act
A financial interest in a sponsor is a relationship between the PI or other project personnel and the sponsor (either directly, through a spouse, registered domestic partner or dependent child). Some examples are equity holdings in the sponsor, a directorship or management position with the sponsor, income or gifts received from the sponsor, employment of or financial ownership in the sponsor by a spouse. A related interest is one where an individual’s financial interest in an entity other than the sponsor might appear to be directly and significantly affected by the design, conduct, or reporting of the sponsored project.
