Where: UCRF [equivalent to] Uniform Capital Recovery Factor; and n [equivalent to] Number of periods.
The UCRF converts the current value in the flow of equal annual payments over a specified period of time t, i the rate specified discount (interest).
A favorite saying around the UCRF table is: "If you've seen one research foundation you've seen one research foundation." They have been developed because of institutional needs to provide flexibility for research.
Author's Note: I am grateful to the following individuals for information: Barbara Armbrister, Director, Administrative Services University of Kansas Center for Research, Inc.; Ron Bell, President, UCRF Support Associates; and Ruth Smith, Executive Director, Old Dominion University Research Foundation, Inc., as well as co-presenters mentioned in the references.
Scholten is the current President of the ICA's Upper Cervical Council and serves on the board of NUCCA and the UCRF
. He has been instrumental in the re-envisioning of UCHC from a franchise to a membership base organization.