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  1. In 2024/25 McMaster University will receive the following amounts from the respective federal Research Support Fund programs: Research Support Fund (RSF): $12,731,929; Incremental Project Grant (IPG): $2,523,194; Research Security: $1,022,080; The 2024/25 grant was calculated using data from 2022/23, 2021/22 and 2020/21.

  2. What is the Research Support Fund? The Research Support Fund assists Canadian postsecondary institutions with the costs associated with managing their research enterprise, helping them to maintain a world-class research environment.

  3. IPG funding is for institutions eligible for the RSF and are at the highest funding levels in the current RSF formula, receiving $7 million or more in eligible direct research funding. Eligibility for the IPG is assessed against this threshold each year.

  4. Institutions eligible for funding from the RSF generate RSF credits through research activity conducted at the institution, as well as at affiliated research institutes, hospitals and other affiliates (affiliated organizations).

  5. Council Agencies, CIHR, NSERC, and SSHRC, provide funding support for the indirect costs of research through the Research Support Fund (RSF). The University receives percentage of a national pool of funds based on its three year average of eligible Tri-Council funding. The RSF funds are distributed internally to

  6. Aug 13, 2020 · The Sec. 41 credit, which amounts to as much as 20% of the excess of qualified research expenditures for the tax year over a base amount, can create immediate cash flow by reducing current year tax liability dollar for dollar.

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  8. On behalf of researchers, McMaster Research Finance: prepares and submits financial reports in accordance with the granting agency guidelines. prepares and submits invoice, request for payments and reimbursements. reviews financial status of accounts and prepares adjustments.

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