Significant Financial Interests - OU Board of Regents Policy
Disclosure Thresholds
Federal regulations and the OU Board of Regents Policy require disclosure of Significant Financial interests on an annual basis and when a new relationship or activity arises. The required forms are found here.
Significant Financial Interests (SFIs) are defined as:
| Nature of SFI
|
Threshold
|
Excluded (Do Not Disclose)
|
| Compensation and/or other payments for service
|
Exceeds $10,000*
|
Annual Cumulative Compensation received is less than $5,000, as well as any compensation received for lectures, seminars, teaching engagements, or service on advisory committees or review panels relating to federal, state, or local government agencies, an institution of higher education as defined in 20 U.S.C. 1001(a), an academic teaching hospital, a medical center, or a research institute that is affiliated with an institution of higher education, and compensation received from OUHSC funds
|
| Equity interests in a publicly-traded entity
|
Exceeds 5%*
|
Interests in any single entity valued at less than 5% as well as interests in any entity through personal retirement accounts and mutual funds
|
| Equity interests in a non-publicly-traded entity
|
0 / Any
|
Interests in any entity through personal retirement accounts and mutual funds
|
| Intellectual property rights and interests upon receipt of income related to such rights and interests
|
Exceeds $5,000*
|
Royalties received from OUHSC funds, and unlicensed intellectual property that does not generate income
|
| Interest in dividends or similar interests derived during the preceding calendar year
|
Exceeds $1,000*
|
n/a
|
| Annual income for professional or consulting activity from a Company
|
Exceeds 25% of Institutional Base Salary
|
n/a
|
*The policy and forms found on this page apply to all faculty and staff — independent of research. Please note that while these are the definitions required by regulation and the OU Board of Regents policy, the sponsor, your unit, or your department may require more stringent disclosure thresholds. For instance, if you have Public Health Service (PHS) funding, you must also be in compliance with the PHS policy (click here)