|Authority:||Executive Order Number 890. Operating Agreement between the Trustees of the California State University and California State University, San Marcos Foundation dated July 31, 1996.|
|Scope:||This policy and any related procedures apply to all University auxiliary organizations and any faculty/staff/student of CSUSM engaged in grants, contracts, and special projects.|
|Responsible Division:||Finance & Administrative Services|
|Signature Page/PDF:||View Signatures for Externally Funded Grants, Contracts, and Special Projects Policy|
By means of an Operating Agreement between California State University San Marcos and the California State University San Marcos Foundation, it is acknowledged that, with one exception, the CSUSM Foundation shall act as the administrator and financial liaison for all externally funded grants, contracts, and special projects. As an exception to this delegation, with the approval of the Chief Financial Officer, CSUSM Associated Students, Inc., may administer externally funded grants, contracts and special projects that were generated to benefit ASI programs. The CSUSM Foundation, and by exception, ASI Inc., will act as fiscal agent for awards and have responsibility for award financial administration, including determinations regarding overhead and administrative costs, within University policy and practice. The management of grants, contracts, and special projects will follow the procedures set by the CSUSM Foundation or ASI, Inc., as appropriate. All exceptions to this policy will require approval from the University's Chief Financial Officer/Vice President of Finance and Administrative Services.