Quasi-Endowment Withdrawal Request
A Quasi-Endowment is established by the University, rather than by a donor, with the intent that the funds will be retained and invested long term. Investment earnings are used for the specific purpose designated by the University.
In certain circumstances, a portion of the Quasi-Endowment principal or earnings in excess of the calculated payout may be withdrawn or redirected for another University purpose. Requests to dissolve a Quasi-Endowment or use principal for another purpose may require President’s Council approval, consistent with University policy.
To request a withdrawal, complete the form below. Obtain the required Business Partner and Dean/Director signatures, then submit the completed form to Kathleen Rugg at ksr@byu.edu.