POLICY 4.12.8.9 - Royalties and Other Income Any royalties or other income beyond expenses derived from works owned by the university shall be shared between the university and the creator(s) in the following manner: Where the creator(s) can be identified, the creator(s) will receive 75 percent of net income up to $50,000, 50 percent of net income from $50,000 to $250,000, and 25 percent of net income above $250,000, and the university the remainder.
Where the creator(s) cannot be identified, as when works are developed by multiple creators all of whom are members of the faculty, the university will receive 100 percent of the net income and the provost and the appropriate dean will determine an appropriate increase in the budget for faculty development of the faculty encompassing the creators of the work (e.g., the faculty of a particular school) by up to 25 percent of the net income. When non-members of the faculty are among the creators, the university will support the development of the faculty, staff, students or other groups encompassing the creators of the work in an equitable manner, with 25 percent of the net income.
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