Penn India Research and Engagement Fund
Overview of Fund Management
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Step 1: Info Session(s)
We request that you (or a designated representative) and your Senior Business Administrator join us for the Penn IREF Info Session(s). During the sessions, the Office of the Provost Penn Global team will provide you with an overview of the fund, including:
Management of funds and reporting requirements;
Legal and compliance matters,
You will also have the opportunity to ask questions and receive initial feedback on your projects and ideas.
Step 2: Provision of Funds
Please contact Penn Global at firstname.lastname@example.org for a copy of the Penn IREF 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.
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, and to deliver presentations on their projects at an annual forum.
Frequently Asked Questions
Please refer to our FAQ document to review our responses to frequently asked questions regarding items such as, but limited to:
Can the match funding be direct payments to outside vendors from an external funding source?
How do I handle the following situations regarding hiring, contracting with, and paying service providers in India (excluding researchers)? How do I hire, contract with, and pay individuals such as research assistants in India?
Does the Penn IREF proposal review process supersede my School/Center policies/protocols?