1. Have you identified potential faculty member recipients of these funds?

No, we have not. We anticipate that the Faculty Task Force will identify the faculty members, to be approved by the CBAP Board of Directors.

2. How do you plan to deliver these funds to the Faculty members?

We will transfer the funds to the University, subject to a gift agreement for distribution to faculty members. 

3. Will these funds be in place of funding which the faculty members might otherwise be privy to from University Administration sources?

Potentially although timing may be an issue.  We believe that faculty members will use the funds from the Opportunity fund to prepare a proposal to the University that will unlock other University funds. 

4. Will these funds go directly to the Faculty members, or will they first be sent to the University for distribution to the Faculty members?

See 2 above

5.Is there any concern that the University might not distribute the funds as requested?

There is a low level of concern.  The University runs a high level of risk if it did not honor our grant agreement. Members of the task force have experience where the University offered to return funds because the original request could not be honored.   

6. Will the funds be used for preparation of a proposal for the Center, or for the Faculty member’s professional work?

Funds will be designated for the preparation of a proposal for the Center, for the Center itself, and for expenses associated with the Fund.