Endowment PowerPoint Presentations - PPT
Kathryn W. Miree & Associates, Inc.. What We’ll Cover. We will begin with the role of endowment.. Then, we’ll go through the process of building an endowment in five steps.. Building endowment requires a proactive process..
Lunch-n-Learn : Endowment & Investment Accounting Presented By: EIA Team March 29, 2012 Terminology Highlights A True endowment (TE) is a transfer of money or property donated to the University whose donor has stipulated the fund principal must remain inviolate and only the payout may be expended or alternatively reinvested. This allows for the donation to have an impact over a longer period of time than if it were spent for current use all at once.
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Duncan Laing . 7 November 2013. Local Authority Property Association Conference New Plymouth. Introduction. What is endowment land?. How to establish . if land is endowment. Sale of endowment land. Statutory requirements.
Journal entries are created to record the University’s business transactions. . These transactions are posted to the general ledger. . The general ledger records all account activity for the University (i.e. assets, liabilities, fund equity, revenues, and expenses). .
Sr. Vice Provost for Academic . Finance and Administration. Goals. Help you understand the larger University Budgeting Process . Discuss PBB . Talk about local budget responsibilities and share some concepts that may help you manage your budget.
Gifts . can be made today, or in the . future (Bequest). Spendable earnings directed to programs. Can establish special fund in donor’s name. The . larger the gift, the more specificity afforded. Rotary’s Endowment Fund.