CFI In-Kind Contributions: Understanding & Implementing the Updated Fair Market Value (FMV) Process – Oct. 28, 2026
Session Description
October 28 2026 @ 1:30 pm - 4:00 pm
To support Canada Foundation for Innovation (CFI)project administrators in implementing the recently updated Fair MarketValue (FMV) process for in-kind contributions, the Division of theVice-President, Research & Innovation (VPRI), and Procurement Services arepleased to host this interactive, in-person workshop. By exploring real-worldscenarios and solving case studies, participants will build confidence in:
- Determining when FMVAssessments or Market Comparisons are required
- Completing FMVAssessments in a variety of situation
- Applying FMVrequirements throughout the CFI award life cycle.
Presenters:
- Renee Cheng, SeniorProcurement Officer, Research Portfolio, Procurement Services
- Andrea Gill, Director, Institutional Initiatives, VPRI
- Donna Walker, Director, Research FinancialReporting & Audit, VPRI
Note:This workshop is by invitation-only andintended for U of T staff or faculty who are currently administering an active CFI award. If you administer an active CFI award and did not receive an invitation, please contact Emi Yano at e.yano@utoronto.ca.
Learning Objectives
- Explain when an FMV Assessment vs. a Market Comparison needs to be prepared
- Understand how to complete a FMV Assessment given various scenarios
- Describe CFI’s FMV requirements throughout the award life cycle