Endowments:
Extramural Fund Accounting is responsible for the financial processing of Regents Endowments. There are two types of Endowments:
True Endowments
- Can only be done through donor designation
- UC Regents minimum is $10K to start
- Any amount can be invested thereafter
FFE (Fund Functioning as Endowments)
- UC Regents minimum is $10K to start
- Fill out an Attachment A
- Additional investment or withdrawal min. $1k
- Fill out an Attachment B
- If you receive a gift for an endowment and the amount is less than $1k, the gift needs to be deposited into a current use gift fund until the $1k threshold is met. Once the threshold is met an Attachment B can be submitted. If needed a new current use gift fund can be established.
Should you have questions regarding the Endowments, please email PPFM@ucmerced.edu
