PHS Significant Financial Interests (SFIs) Criteria

Significant Financial Interests (SFIs)

note:  applies only to Investigators who have or are applying for PHS awards.  Investigators are designated by the PI and may include support staff, students, etc….

You must disclose to the Office of Research any Significant Financial Interest that you, your spouse, and/or dependent children have that are related to your institutional responsibilities

  • Payments from a publicly traded entity over the 12 months preceding the disclosure that, when aggregated, exceeds $5,000 as of the date of the disclosure
    • Includes salary and any payment for services not otherwise identified as salary such as
      • Equity interest includes any stock, stock option, or other ownership interest, as determined through reference to public prices or other reasonable measures of fair market value
      • Intellectual Property rights and interests and any payment for services, salary, consulting fees, honoraria, paid authorship
  • Payments from a non-publicly traded entity in the twelve months preceding the disclosure that, when aggregated, exceeds $5,000
    • Any equity interest (e.g., stock, stock option, or other ownership interest)
    • Includes non-profits (such as foundations)
  • Intellectual property rights and interests (e.g., patents, copyrights), upon receipt of income related to such rights and interests
  • Occurrence of any reimbursed or sponsored travel regardless of amount

 

Exclusions:

You do NOT have to disclose if the SFI comes from the following sources:

  • Salary, royalties, or other remuneration from current institution
  • Agreements to share in royalties related to Intellectual Property Rights assigned to OUHSC
  • Mutual funds and retirement accounts with no investigator control of investment
  • Income from teaching engagements sponsored by a federal, state, or local government agency, an institution of higher education, an academic teaching hospital, a medical center or an academic research institute
  • Income from service on committees or review panels for a federal, state, or local government agency, institution of higher education, an academic teaching hospital, a medical center, or an academic research institute.