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Grant/Endowment Information

Grants

Faculty pursuing external grants must have their budgets reviewed by the Director of Grant, Restricted, and Endowment Funds Accounting, Zachary Dumont.  Zachary works closely with  the  (CFGR) Corporate, Foundation and Government Relations Office staff  to monitor the grant application process.   More information about the grant process is available at the CFGR site.

Once a grant has been approved for funding, Zachary will work with the Principal Investigator to:

  • Establish grant account within Colby’s accounting system
  • Ensure compliance with grantor financial policies and procedures
  • Monitor budget spending
  • Comply with federal regulations in the case of governmental grants

Endowments

Some academic and administrative departments utilize the annual income from certain endowed funds.  These endowment funds may be part of the operating budget or in addition to the operating budget.  For questions about the amount of income available, the restrictions on a particular fund or general information about the endowment, please contact the Director of Grant, Restricted, and Endowment Funds Accounting,  Zachary Dumont at [email protected] or 207.859.4107.