Penn China Research and Engagement Fund
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Step 1: Kick Off Meeting
We request that you (or a designated representative) and your Senior Business Administrator join us for the Penn CREF Kick Off Meeting. During the meeting, the Office of the Provost and Penn Wharton China Center teams will provide you with an overview of the fund, including:
Management of funds and reporting requirements;
Legal and compliance matters,
Procedures to use the Penn Wharton China Center, including event planning processes, among other topics.
You will also have the opportunity to meet other Penn faculty and staff to learn more about the other projects that are being funded.
Step 2: Provision of Funds
Please contact Penn Global at email@example.com for a copy of the Penn CREF Financial Processing of Awards, which includes detailed instructions regarding the dispersal and management of funds. Items that are covered include: revenue and expense recording, and progress reports and unspent funds.
Note: You and/or your department are liable for all payments and costs associated with your event including any shortfall that results from failure of third party funding to materialize. The Center is not responsible for verifying or confirming your external source of funding. All external funding must be in place 10 days prior to the event date or 15 days after receiving the event quote(s) whichever occurs first.
Step 3: Progress & Financial Reports
Awardees will be required to report against their progress on an annual basis, at minimum. Continued funding is contingent upon completion, submission, and acceptance of the reports and fulfillment of the reporting requirements. Awardees will be asked to submit narrative and budget expenditure reports twice a year (in January and July), and to deliver presentations on their projects at an annual forum.