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News Archives
Latest Endowment & Investment Accounting News
Endowment Projections – Q3 FY 2010
The ending quarter endowment pool unit market value for March 31, 2010, is $191.97 per unit. This information is necessary for Method 2 of projecting endowment income and is provided quarterly through FBS News. All other factors in the instructions … Continue reading
Endowment Projections – Q2 FY 2010
The ending quarter endowment pool unit market value for December 31, 2009, is $190.12 per unit. This information is necessary for Method 2 of projecting endowment income and is provided quarterly through FBS News. All other factors in the instructions … Continue reading
Endowment Distributions
For your information…the deans and vice presidents are meeting this month to discuss the current endowment payout rate. If you’ll recall, the rate was reduced due to extraordinary market conditions present a year ago. The upcoming discussion could, but might … Continue reading
Don’t miss Endowments 101!
Our next run of Endowments 101 is scheduled for 2:00 p.m. on Wednesday, May 20 in OSH 175. We’ve updated the material to include information about the donor endowment reporting project. To register, click here. If you have any questions,
Endowment Payout Rate For Fiscal Year 2010
On April 10, 2009, Vice President Combe sent a memo to the Deans advising them that the Endowment Payout Rate for Fiscal Year 2010 will remain at 3%. A copy of the memo is posted to various FBS websites. If … Continue reading
Endowment Projections
Financial and Business Services is pleased to offer colleges and departments updated instructions on the two methods for estimating the amount of endowment income expected during the next fiscal year. The necessary factors for doing the calculations will be provided … Continue reading
Endowment Pool Update
This morning, January 9, 2009, Vice President Combe sent an email to the President, Vice Presidents, and Deans informing them that the December 31, 2008 endowment distribution would be reduced from 4% of the trailing 12 quarter average unit market … Continue reading
Many Older Endowments Still Not Invested In Endowment Pool
In 1991, the University created the Endowment Investment Pool (Pool). At that time, the University’s Board to Trustees (Board) required that all subsequently established endowments must be invested in the Pool. For endowments in existence when the Pool was created, … Continue reading
Endowment Projections – Q1 FY 2009
The ending quarter endowment pool unit market value for September 30, 2008, is $187.62 per unit. This information is necessary for Method 2 of projecting endowment income and is provided quarterly through FBS News. All other factors in the instructions … Continue reading
F&BS Training Opportunities
Financial and Business Services is pleased to announce two training opportunities that were recently added to the roster. Internal Controls workshop will be held on November 10, from 2:00 – 3:30 p.m. This workshop is intended for business officers who … Continue reading
