FBAR & Canadian research grants

[Dual59]

I'm a USC and principle investigator on a Canadian research grant held at a Canadian university. These can be used to reimburse research expenses only. I sign off on these expenses internally and get internal financial statements from the university. My immediate supervisor also signs off and then the expenses go through university accounting, etc. From what I've been able to find out, my name is not on the actual bank accounts where the grant funds are held and I don't have direct signature power on these accounts.

From the information above, am I correct in thinking that I have no FBAR or other U.S. filing obligation with respect to these grants?

Thanks!

[nelsona]

I would agree