Financial Award

U.S. Host Institutions will receive an award for three years to support the Fellow’s research and training. The amount of the award for the first year will be $58,000 and will increase 3% each subsequent year.

EGL Financial Table

Fringe Benefits are calculated at 25% of the Salary and are available to be used for health insurance, lab expenses, research supplies, or miscellaneous lab related expenses. A Travel Stipend of $2,100 is included for the Fellow to travel between the United States and Israel, or for conferences or presentations. Indirect Costs are calculated at 5% of the total of the Salary, Fringe Benefits and Travel Stipend, and are awarded to the host institute for administration of the fellowship grant.

It is the policy of the EGL Charitable Foundation (formerly the Gruss Lipper Family Foundation) that a Fellow does not hold a similar award at the same time.

The EGL Charitable Foundation will award only one new Fellowship per year to a U.S. Host Institution.

These grants will be subject to an annual research progress report by the trainee and the mentor, as well as a financial report provided by the appropriate institutional official. The EGL Charitable Foundation requests that the Fellow attends the Gruss Lipper Postdoctoral Research Fellowship conference held in New York City in December of each year. A complete financial report for the entire three year period is due upon termination of the fellowship. Any unexpended funds must be returned to the Gruss Lipper Family Foundation. A Fellow must obtain the approval of the review committee before he or she may transfer the grant to another U.S. Host Institution.