ENDOWMENTS & GIFTS
The Office of Endowments, Gifts and Restricted Accounting is primarily responsible for overseeing and accounting for the endowments and gifts received for the University. To accomplish these responsibilities we:
- Setup, monitor and account for endowment, gift, restricted, designated, and faculty consolidated accounts.
- Work closely with LDS Philanthropies and Deseret Trust Company to ensure that all gifts are properly classified and recorded on the books of the University. Also handle the entry for the gift disposals and market value changes.
- Handle the following types of gifts; cash, gifts in kind, collections, and deferred gifts.
- Perform the monthly accounting for the unitized endowment investment pool and short and long-term investment funds. This includes making entries for the buys and sells as well as market value adjustments.
- Calculate the endowment payouts and make the distributions
- Prepare annual endowment donor statements
- Track down recipients of unclaimed checks
Kathleen Rugg, Manager
Office: C-233 ASB
Email: ksr@byu.edu
Phone: 801-422-8025
Terilee Hutchings
Office: C-233 ASB
Email: terilee_hutchings@byu.edu
Phone: 801-422-5996
Sheri Sechler
Office: C-233 ASB
Email: sheri_sechler@byu.edu
Phone: 801-422-2004
Marva Yapias
Office: C-233 ASB
Email: marva_yapias@byu.edu
Phone: 801-422-6641
For Additional Information
Office: C-233 ASB
Email: endowments@byu.edu
Email: gifts@byu.edu
Phone: 801-422-8025