Endowment Setup Forms
True Endowment Setup
When a donor wishes to setup a new true endowment, they work closely with a Philanthropies Liaison to draft an endowment agreement. The donor signs the agreement, provides the minimum funding requirements, and is informed that the endowment named after an individual must be pre-approved. The donor liaison initiates the " Named donation routing sheet " form and once approved, Regulatory Accounting completes the setup paperwork and sets up the endowment.
Quasi Endowment Setup
The department completes the quasi endowment setup forms and initiates the " Named donation routing sheet " only if named after an individual. Once approved, Regulatory Accounting sets up the quasi endowment.
Documents