Use and Limitations of Fellowship

Use of the institutional allowance by awardee

Up to $3000/year can be used for the awardee’s out-of-pocket healthcare costs or childcare costs. It is expected that the host institution will cover the institution’s share of an awardee’s health/fringe benefits or premiums.

Other legitimate uses are all research related: small equipment, research supplies, travel to meetings including the cost to the LSRF annual meeting.

Escrow fund

Awardees can ask LSRF to withhold up to $5000/year. When the postdoc establishes their own, independent lab at a non profit institution in the US or abroad the escrow fund (up to $15,000) will be transferred to the new institution as a one time gift. These funds are to be used solely in suppport of the awardee’s research.

Eligibility of fellows and their host institutions

All awardees must carry out their research in a non profit university or research institution. If the awardee 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.

Patent policy

Awardees must sign an agreement that their research project has no prior commitment with any for profit enterprise.

All patents generated from the awardee’s research revert to the host institution (like an NIH grant).

 

The Life Sciences Research Foundation is a non-profit, public foundation. All donations to the Foundation are tax-deductible and our tax ID# is: 52-1231801.