External Research Funding Information Session - PowerPoint Presentation

1. External Research Funding Information SessionManagementDimitra KoutsantoniAssociate DirectorSponsored Projects and Foundation RelationsOffice of the Dean and Office of External Relations & Development Elena M. PiercyExecutive DirectorCorporate and Foundation RelationsOffice of External Relations & DevelopmentMay 2013

2. 2Session Overview Which institutions most commonly sponsor business school research? Federal agenciesPrivate foundationsCorporations (including corporate foundations)Other independent organizationsWhich organizations have supported Columbia Business School research?What type of administrative support is available to faculty in this area?How can I find out about funding opportunities?What is the application process?

3. Federal Agencies – NSF (1)NSF ProgramFocusSample grants funded at Columbia Business School (previous and current)Directorate for Social, Behavioral and Economic SciencesSocial and Economic Sciences (SES): Decision, Risk and Management SciencesSupports scientific research directed at increasing the understanding and effectiveness of decision making by individuals, groups, organizations, and society.Due dates: January and August, annually Elke Weber:“Decisions from Experience and the Role of Feedback in Environmental Decisions”. ($450,00, 2 years)Development of Dynamic Risky Decision Making: Behavioral Phenomena and Neural Underpinnings ($250,587, 3 years)Environmental Decision Making by Individuals and Groups ($542,090, 5 years)Affective and Deliberative Risky Decision Making in Children, Adolescents, and Adults ($88,677, 2 years)Neuropsychology of Risk Perception and Risk Taking ($114,909, 2 years)Preferences as Memory ($479,578, 4 years)Developing a Taxonomy of Decision Modes ($159,531, 3 years)Collaborative Research: Predicting Modes of Decision-Making: A Cross-Cultural and Multi-Method Approach ($122,812, 2 years)3

4. Federal Agencies – NSF (2)NSF ProgramFocusSample grants funded at Columbia Business School (previous and current)Directorate of Social, Behavioral and Economic SciencesSocial and Economic Sciences (SES): SociologySupports basic research on all forms of human social organization -- societies, institutions, groups and demography -- and processes of individual and institutional change.Due dates: January and August, annually Bruce Kogut"Collaborative Research: Network Dynamics and Corporate Strategies.”($142,556 granted over 2 years) Behavioral and Cognitive Sciences (BCS): Social PsychologyResearch topics supported are: attitude formation and change, social cognition, personality processes, interpersonal relations and group processes, the self, emotion, social comparison and social influence, and the psychophysiological and neurophysiological bases of social behavior. Due dates: January and July, annuallyDana CarneyCAREER: “How Power Corrupts: Power Offers Immunity to the Emotional, Cognitive, and Physiological Stress of Corrupt Behavior “($400,000 granted over 5 years)4

5. Federal Agencies – NSF (3)NSF ProgramFocusSample grants funded at Columbia Business School (previous and current)Directorate for Social, Behavioral and Economic SciencesScience of Science and Innovation Policy  (SciSIP) Supports research designed to advance the scientific basis of science and innovation policy. Research funded by the program develops, improves and expands models, analytical tools, data and metrics that can be applied in the science policy decision making process. Investigators are encouraged to submit proposals of joint interest to the SciSIP Program and other NSF programs and NSF initiative areas.Due date: September annuallyNone granted to dateSocial and Economic Sciences (SES): Science of OrganizationsFunds research that advances fundamental understanding of how organizations develop, form and operate.Due dates: February and September, annually None granted to date5

6. Federal Agencies – NSF (4)NSF ProgramFocusSample grants funded at Columbia Business School (previous and current)Grant Opportunities for Academic Liaison with Industry (GOALI)Promotes university-industry partnerships by making project funds or fellowships/traineeships available to support an mix of industry-university linkages. Special interest is focused on affording the opportunity for: Faculty, postdoctoral fellows, and students to conduct research and gain experience in an industrial setting; Industrial scientists and engineers to bring industry's perspective and integrative skills to academe; andInterdisciplinary university-industry teams to conduct research projects.Due dates: Align with program area deadlines. None granted to date.6

7. Federal Agencies – NSF (5)NSF ProgramFocusSample grants funded at Columbia Business School (previous and current)CAREERSupports junior faculty (assistant professors).Duration: The typical duration is five years.Grant amount: $400,000 over five yearsDue date: July, annually.Zeevi (SES): CAREER: Design and Analysis ofDifferentiated Services ($399,825 granted over five years)Nakamura (Economics): CAREER: Integrating Micro and MacroEvidence on Price Dynamics ($457,976 granted over five years)Research Coordination NetworksAim to advance a field or create new directions in research or education.  Groups of investigators will be supported to communicate and coordinate their research, training and educational activities across disciplinary, organizational, geographic and international boundaries. Due dates:General RCNs: Align with program area deadlinesTargeted RCN tracks have specific annual deadlinesElke Weber:RCN-SEES: Network for Utilization of Social Science Research on Sustainability and Energy (NUSSRoSE) ($318,003,granted over 2 years)7

8. Federal Agencies – National Institutes of Health (NIH)FocusSample grants funded at Columbia Business School (previous and current)Supports medical and behavioral research through a number of programs. Most relevant:NIH Research Project Grant Program (R01): Generally awarded for 3 -5 yearsNIH Small Grant Program (R03): limited to two years of funding Mentored Quantitative Research Development Award (K25): its purpose is to attract to NIH-relevant research those investigators whose quantitative science and engineering research has thus far not been focused primarily on questions of health and disease.  Provides support and “protected time” for a period of supervised study and research for productive professionals with quantitative (e.g., mathematics, statistics, economics, computer science, imaging science, informatics, physics, chemistry) and engineering backgrounds to integrate their expertise with NIH-relevant research. Due dates for NIH grants: 3 times/year (March, July, November)Eric Johnson: “Decision-Making Over the Lifespan: How Memory Affects preferences “($401,017, granted over 4 years, R01)“Cognitive and Emotional Sources of Wisdom in Decision Making Across the Lifespan“ ($320,000 ) 8

9. Federal Agencies – Army Offices (1)OfficeRelevant Program AreasSample grants funded at Columbia Business School (previous and current)Army Research Office (ARO) Research area: Life SciencesCultural and Behavioral Science. The goal of this program is to gain a better theoretical understanding of human behavior through the development of mathematical, computational, statistical, simulation and other models that provide fundamental insights into factors contributing to human socio-cultural dynamics.Institutional and Organizational Science. The objective of this program is to understand the emergence, maintenance, and evolution of human organizations and institutions, including butnot limited to societies, states, religions, markets, economic systems, legal systems, bureaucracies, political parties, social movements, and formal and informal networks. Proposals may be submitted at any time.None granted to date.9

10. Federal Agencies – Army Offices (2)OfficeRelevant Program AreasSample grants funded at Columbia Business School (previous and current)Office of Naval Research (ONR) Expeditionary Maneuver Warfare & Combating Terrorism Department (Code 30):Human, Social, Culture and Behavior Modeling: seeks to build capability through development of a knowledge base, building models and training capacity in order to understand, predict and shape human behavior cross-culturally.Human Performance Training and Education (HPT&E): seeks to understand the science of improving human performance in order to prepare warfighters for the complex and chaotic joint operating environment. Proposals may be submitted at any time .None granted to date.10

11. Private Foundations (1)11FoundationRelevant Program AreasSample grants funded at Columbia Business School (previous and current)Alfred P. Sloan FoundationEconomic Institutions, Behavior and Performance:Economic Implications of the Great RecessionBehavioral Economics and Household FinanceEconomic Analysis of Science and TechnologyEmpirical Economic Research EnablersLetters of Inquiry (LOIs) can be submitted at any timeEric Johnson: Mindsetting: A New Dimension for Choice Architecture and Choice Engines ($124,948)Eric Johnson: Accounting for Tastes and Skill: The Impact of Individual Differences on Annuity and Post-Mortgage Decision Making ($85,682)Bruce Kogut:$20,000 grant to edit an education video on financial innovation, markets, and regulation for PBSRussell Sage FoundationBehavioral EconomicsSmall Grants Program in Behavioral Economics ($7,500)Small grants program in Consumer Finance($7,500)Proposals can be submitted at any timeAssaf Shtauber: The Effects of Access to Mainstream Financial Services on the American Poor ($7,500)

12. Private Foundations (2)12FoundationRelevant Program AreasSample grants funded at Columbia Business School (previous and current)Ford FoundationEconomic Fairness Building Economic Security Over a Lifetime Ensuring Good Jobs and Access to Services Expanding Livelihood Opportunities for Poor Households Improving Access to Financial ServicesPromoting the Next-Generation Workforce Strategies LOIs can be submitted at any timeNone granted to date.Templeton FoundationFreedom and Free EnterpriseSupports a range of programs intended to “liberate the initiative of individuals and nations and to establish the necessary conditions for the success of profit-making enterprise.”Human SciencesSupports projects that apply the tools of anthropology, sociology, political science, and psychology to various moral and spiritual concepts such as altruism, creativity, free will, generosity, gratitude, intellect, love, prayer, and purpose.Due dates: April and October, annuallySIPA and ISERP: Program on Indian Economic Policies: Free Trade, Democracy, and Entrepreneurial Development ($3,500,000)Note: originally awarded to the Business School, and subsequently moved to SIPA.

13. Private Foundations (3)13FoundationRelevant Program AreasSample grants funded at Columbia Business School (previous and current)Rockefeller FoundationProtecting American Workers’ Economic Security: Campaign for American Workers (Shaping plans, products, and policies to provide a modern economic safety net).Advancing Innovation Processes to Solve Social Problems: Building models to expand the use of cutting-edge innovation methods to achieve social impact.Harnessing the Power of Impact Investing: Expanding and increasing the effectiveness of investments that solve social and environmental problems and generate a profit.LOIs can be submitted at any timeNone granted to date.Charles Stuart Mott FoundationExpanding Economic OpportunityThis program area targets programs and policies that improve the economic security of working families by promoting savings and asset development, helping the hard-to-serve find entry-level employment and promoting career development among low-wage workers by helping them stay in the labor market and advance into better jobs.LOIs can be submitted at any timeNone granted to date.

14. Private Foundations (4)14FoundationRelevant Program AreasSample grants funded at Columbia Business School (previous and current)FINRA Investor FoundationFinancial literacy and educationFunds educational projects or programs and research that expands the body of knowledge and offers solutions in the field of investor education and protection.LOIs can be submitted at any timeNone granted to date.National Endowment for Financial EducationFinancial LiteracyProject outcomes should be:actionable in the field of financial literacy,directly relevant to the financial well-being of the public, and able to be applied broadly.Due dates: December and JuneEric Johnson: Cognitive Capabilities, Decision-Making Ability, and Financial Outcomes Across the Lifespan ($165,000)

15. Private Foundations (5)15FoundationRelevant Program AreasSample grants funded at Columbia Business School (previous and current)Kauffman FoundationEducation and entrepreneurship:Grants are limited to programs and/or initiatives that have significant potential to demonstrate innovative service delivery, in support of education and entrepreneurship. LOIs can be submitted at any timeNone granted to date.Society for Human Resource Management FoundationHuman resource management:Funds high-impact research on all aspects of human resource management with a focus on addressing current challenges or understanding emerging trends. Funds original, rigorous, empirical research studies that are aimed at an academic audience but also have direct, actionable implications for HR practice.Accepts proposals up to $200,000.Due dates: April 1, and October 1, annuallyNone granted to date.

16. Corporations (including Corporate Foundations) (1)16CorporationStated Priority AreasSample grants funded at Columbia Business School (previous and current) Citigroup FoundationFinancial Capability and Asset Building Microfinance Enterprise DevelopmentCollege Success (in the U.S.)Youth Education and Livelihoods (outside the U.S.)Neighborhood Revitalization (in the U.S.) Disaster Response Bruce Kogut (Bernstein Center)Individual Business & Society (IBS) Program, which focuses on corporate social responsibility, corporate governance issues, ethics, and leadership. It has provided support for research, case studies, curricular development and events since 2002.(Appx. $1,200,000; 2002 – Present)Ernst & YoungCommunity engagementEducationEntrepreneurshipEnvironmental sustainabilityDonna HitscherichPrivate Equity Deal Camp($87,500)Goldman Sachs FoundationEntrepreneurship and innovationHelping Military Veterans Return to Civilian LifeScholarships and Need-Based Financial AidMurray Low (Lang Center)10,000 Women: Development of Business and Management Education in Emerging Economies for Underserved Women($1,500,000)

17. Corporations (including Corporate Foundations) (2)17CorporationStated Priority AreasSample grants funded at Columbia Business School (previous and current) Credit SuisseEducationMicrofinanceEmployee engagement.Kathy Phillips$150,000 in support for her initiative " Diversity and Inclusion for All: Understanding the Intersection of Multiple Characteristics". Booz & CompanyThe development and application of innovative ideas for organizational culture and change, based on a guiding philosophy of client-based innovation.Bill Duggan Creative Strategy Project , a research project examining how to foster innovative thinking as part of the strategic planning process.($10,000)

18. Other Independent Organizations (1)18OrganizationRelevant Program AreasSample grants funded at Columbia Business School (previous and current) Institute for New Economic Thinking (INET)Financial Instability and Macroeconomic ManagementPolitical Economy of Income and Wealth Distribution and Inequality DynamicsGovernance of the International Monetary and Financial SystemsInnovationRFPs are announced for grants of $25,000-$250,000 in June annuallyJoseph StiglitzINET Taskforce in MacroeconomicEfficiency and Stability: Networks andExternalities ($638,000)W.E. Upjohn Institute for Employment ResearchSupport for junior faculty (untenured and within six years of earning a PhD) to carry out policy-related research on labor market issues. The Institute supports and encourages research on all issues related to labor markets and is especially interested in topics related to the recent recession and current recovery.Grants of $5,000Due date: February, annuallyMaria GuadalupeThe Value and Consequences of Giving Shareholders a “Say on Pay” ($10,000)Andreas Mueller"Skill, Sorting and Cyclical Unemployment:  Evidence from Sweden.“ ($5,000)

19. Other Independent Organizations (2) 19OrganizationRelevant Program AreasSample grants funded at Columbia Business School (previous and current) Private Enterprise Development in Low-Income Countries (PEDL): joint research initiative of the Centre for Economic Policy Research (CEPR) and the Department For International Development (DFID).Aims to develop a research program focusing on private-sector development in low-income countries.The initiative will extend over five years and is motivated by the need to better understand what determines the strength of market forces driving efficiency in low-income countries.Grant amounts:major research grants (£300,000 on average)exploratory grants (between £10,000 and £35,000)Due dates:Major research grants: calls for proposals are released periodicallyExploratory Grants : proposal can be submitted at any time and will generally run for 12 months.Amit Khandelwal“The Impact of Exporting: Evidence from a Randomized Experiment” (Exploratory grant of $55,000)

20. 20Main LiaisonsPrimary liaisons to support Columbia Business School faculty applying for institutional grants:Dimitra Koutsantoni, PhD Dean’s Office and Office of External Relations & DevelopmentElena Piercy Office of External Relations & Development

21. 21How we can support youWe maintain access to a growing network of grantmaking organizations and individual supporters (including 41,000 alumni) of the School. The department’s relationship management includes a tracked understanding of historic relationships with the Business School and the broader University.We research and identify suitable funding prospects and support all stages of the application process. This includes:Development of the application strategy including focus areas and request amount;Development and submission of letters of inquiry and proposals;Facilitation of meetings and conversations with prospective funders; and Administrative support to close, process, and steward gift and grant agreements.We engage alumni ambassadors and business leaders who are familiar with the internal workings of various funding agencies/grantmaking organizations, which may help raise the visibility of your proposal request.We are actively engaging nearly 200 corporate sponsors at a given time who are interested in partnering with Business School faculty on research and seeking meaningful connections with research and activities. We are constantly seeking fits for these inquiries and interest areas with the work of our faculty.

22. 22Dissemination of funding opportunitiesWe research funding opportunities and circulate them via:-A monthly research newsletter developed and disseminated by Dimitra Koutsantoni.-Targeted outreach to faculty about specific opportunities as they arise.We organize external funding information sessions every fall semester; andWe conduct prospect research for specific projects upon request.

23. 23Research grant application procedureResearch grant applications are processed through Dimitra Koutsantoni, who also serves as the Business School liaison to the University’s Sponsored Projects Administration (SPA).Dimitra, in coordination with SPA, ensures that all applications go through internal authorization procedures and comply with the University’s and funders’ policies and guidelines.All applications to federal agencies and all full proposal grant submissions to private foundations and other organizations are required to go through the Dean’s Office and SPA.Proposals for unrestricted gifts are not included in this mandatory process.

24. 24For information: Grants vs GiftsGrants contract/research agreementspecific statement of workdetailed budgetspecific deliverablesspecified period of performancereportingunexpended funds must be returned to sponsorGiftsmay be for specific purposeBut…no contractual requirements no specified period of performanceno specified deliverables

25. 25How we can work together: next stepsPlease let us know if: You have a research project that needs funding (new or existing).You would like to extend funding for a particular project.You would like to request a no-cost extension for a project.You need support with submitting progress or final reports for a grant.You have identified a particular sponsor and you are in the process of putting together a letter of inquiry or proposal.You have an existing relationship with a funder and you need support in furthering it.We are looking forward to working with you.

26. Contact us Dimitra KoutsantoniAssociate DirectorSponsored Projects and Foundation RelationsOffice of the Dean and Office of External Relations and Developmentdk2617@columbia.eduElena M. PiercyExecutive DirectorCorporate and Foundation RelationsOffice of External Relations and Developmentemp2167@columbia.edu26