The Finance Department of the Research Institute is responsible for managing the overall accounting, treasury, financial reporting and financial services operations of the organization. This includes:

• Managing internal controls to mitigate risk


• Creating and presenting financial status and financial condition reports to internal and external parties


• Ensuring that the official accounting records of the Research Institute are up-to-date and accurate


• Safeguarding the assets of the Research Institute to minimize risk of financial loss


• Developing and maintaining robust accounting systems and reporting tools to provide high-quality financial information that supports the Research Institute's mission

Most of the Research Institute's operating funds come from endowments, philanthropic gifts and grants/contracts from federal, state and clinical sponsors.

The Finance Department also supports researches with service functions such as:

• Proposal and budget development assistance


• Proposal review, sign-off and transmission


• Grant and contract negotiation and acceptance


• Subcontract preparation and administration


• Post-award reporting


• Award close-out


• Policy development and coordination


• Research activity and associated reports


• Accounting compliance


• Negotiating the Research Institute’s federal indirect cost recovery rate


• Providing accounting support to the PAMF’s Philanthropy Department

For more information, email Mark McLaughlin, director of Finance, or call him at 650-853-4827.

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