​Grant income from private, non-government sources will be reported; all contract revenue will be excluded.  The difference between a private grant and contract is judged on the basis of the intention of the awarding agency and the legal obligation incurred by Pacific in accepting the award.  A grant, like a gift, is bestowed voluntarily and without expectation of any tangible benefit in return.  A contract carries an explicit “quid pro quo” relationship between the source and the institution.