Business Owner
Endowment Services
Business Rule
END report codes are determined based on the gift agreement, Budget Group title, gift purpose, and dollar threshold of the related Endowment (57-Account). END Report Codes should only be used on 30-Accounts.
Definition

Endowed 30-Accounts are funded by quarterly investment distributions from their corresponding Endowment (57-Account) and are intended to be used for expenditures. Each 30-Account is linked to a specific 57-Account. Spending from 30-Accounts is restricted based on the endowment type and donor criteria. Generally, this type of 30-Account may not receive additional gift funds, unless gifted by the endowment donor for the purpose of immediate expenditure.

Fund Type Category
Endowed 30-Accounts
Report Code Definition Type
Report Code Group
Report Code Group
Field 1
Sort Key
10300
Updater
Financial Accounting & Reporting (FAR)