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Endowment and Grant Funds Accounting Overview
- Establish new funds; endowments, student loans, expendable gifts, and building funds
- Calculate and distribute investment gains and losses to individual endowment fund accounts to provide account managers with accurate data, as well as, to satisfy donor stipulations
- Approve all purchase documents for grant programs and assure items purchased are permitted by grant regulations, that an authorized person has requested them, and that accounting codes are correct
- Provide financial reports and data in order to prepare surveys and other external/internal reporting requirements
- Research and prepare financial historical analysis of endowment and restricted funds
- Process donated security gifts
- Formulate the indirect cost rate proposal submitted to the appropriate federal agency to recover the University's indirect costs in relation to government gifts and contracts
- Facilitate federal award reconciliations and program cash management
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470 East Lockwood Avenue