Business Owner
Endowment Services
Business Rule
30-Accounts that hold Gifts intended for the creation of a new Endowmentuntil the 57-Account is established should be coded as ENDHOLDG. Gifts intended for the creation of new endowments should be entered in the VIP system with the endowment tracking code, and a solicit code should be included when appropriate. Texas Gift Office will then deposit the gift in the CSU’s Endowment holding 30-Account for future transfer to the endowment investment 57-account. These Accounts are all in the 30-9000-XX series.
Definition
Account holds Gifts intended for the creation of a new Endowment until the 57-Account is established. Gifts intended for the creation of new endowments should be entered in the VIP system with the endowment tracking code, and a solicit code should be included when appropriate. Texas Gift Office will then deposit the gift in the CSU’s endowment holding 30-account for future transfer to the endowment investment 57-account.
Fund Type Category
Endowed 30-Accounts
Report Code
ENDHOLDG
Report Code Definition Type
Report Code
Report Code Group
Field 1
Sort Key
10313
Updater
Financial Accounting & Reporting (FAR)