Up to $2000/year can be used for the fellow's out-of-pocket healthcare costs. It is expected that the host institution will cover the cost of the fellow's health/fringe benefits.
Other legitimate uses are all research related: small equipment, research supplies, travel to meetings including the cost to the LSRF annual meeting.
Fellows can ask LSRF to withhold up to $5000/year. If the fellow moves to a non profit institution in the US the escrow fund (up to $15,000) will be reverted to the fellow as a one time mini-grant.
All fellows must carry out their research in a non profit university or research institution. If the fellow is not a US citizen the research must be carried out in a US host institution. A US citizen can work in a not for profit institution in any country.
Fellows must sign an agreement that their research project has no prior commitment with any for profit enterprise.
All patents generated from the fellow’s research revert to the host institution (like an NIH grant).