Fund Types
This fund type is also known as 1 Ledger and can be utilized to support academic programs, faculty salary, admin and support services, and student scholarships.
What is E&G or Education & General Funds
This software is used at the School of Medicine to budget Personnel and Operating Expenses.
What is Anaplan?
ROI
What is Return on Investment?
These faculty or staff members lead research projects, manage budgets, and ensure compliance.
What is a Primary Investigator (PI)?
The number of Basic Health Science Departments at VCU School of Medicine.
What is 4?
This fund type is also known as 5 Ledger and is tied to specific project deliverables and compliance.
What is Sponsored Funding or Grants & Contracts?
The process of allocating and accounting for employee payroll expenses by assigning salary based on effort to the appropriate fund sources.
What is a Labor Distribution?
FACR
What is Facilities and Administration Cost Recovery?
This role provides leadership for the undergraduate medical education program and student affairs.
What is the Senior Associate Dean of Education?
The year that VCU School of Medicine was founded (Then the Medical Department of Hampden-Sydney College.)
What is 1838?
This fund type's revenue is calculated based on direct expenditures of some sponsored grants and contracts.
What is FACR (Facilities and Administrative Cost Recovery) or IDC (Indirect Cost Recovery)?
A net surplus in a ledger or index brought into the subsequent fiscal year
What is carryforward?
CEC
What is Clinical Earnings Contribution?
Faculty members with this type of role help to guide and support student learning within structured sessions.
What is a Small Group Leader (SGL)?
The number of Clinical Departments at VCU School of Medicine
What is 19?
This fund type has an annual payout that is restricted to donor intent and usually resides in a foundation.
What is an Endowment or Endowed Fund?
The term for when an index or ledger has expenses in excess of available resources.
What is a deficit?
HEETF
What is Higher Education Equipment Trust Fund?
SOM faculty are part of this committee...which provides ethical oversight for research involving human subjects.
What is the IRB (Institutional Review Board)?
VCU School of Medicine's Blue Ridge Institute for Medical Research (BRIMR) Ranking in 2024.
What is 60th?
This ledger is used for funds flow related to OSA or CERSA Agreements.
What is Hospital Services or H ledger?
TEAM TO STEAL!
The mission based effort categories for faculty effort.
(First team to buzz in must have unique team members say all 4 of the 5 possible answers...if incorrect, another team can finish and steal)
What is Teaching, Research, Administration, Service, and Clinical?
CERSA
What is Clinical, Educational, and Research Service Agreement?
A medical educator, often a physician, responsible for overseeing a medical student's clinical rotation.
What is a Clerkship Director?
This is current negotiated F&A rate at VCU.
What is 55.25%