Sponsored projects are externally-funded, usually for research or scholarly activities that have a defined scope of work or set of objectives which provides a basis for sponsor expectations. In other words, they have restrictions and the sponsor usually requires some deliverable at the end. The two most common sponsored project funding mechanisms are grants and contracts. A contract is a legally binding document in which the parties make promises to deliver a product or service in exchange for consideration (usually money). A grant is used when one party grants funds to another party to do something, in reasonable hopes that the task can be accomplished. If the task is not accomplished there are most likely no legal ramifications (assuming you have broken no other laws) as would be the case in a contract.
All sponsored projects, whether grants or contracts, are administered through URSA with Georgia State University Research Foundation (GSURF) serving as the award recipient. Fellowships are also processed through URSA, though an individual may sometimes be listed as the award recipient.
Gifts are externally funded and, although they may be designated for something specific, they typically do not require that a defined scope of work be done or specific objectives be met. Gifts are administered through the Office of Development with the Georgia State University Foundation as the award recipient.
Inevitably, there will be situations when the classification of a sponsored project or gift will be unclear. When such situations arise, contact the Office of Sponsored Programs (OSP) or an Office of Development representative for clarification.