406.1 - University of North Carolina at Chapel Hill Procedure on Reinvesting Endowment Income

Procedure Statement

Subject to donor-imposed restrictions, the departments may elect to use the distributed endowment income, invest in the University Temporary Pool, or reinvest all or a portion of the income with the UNC-CH Foundation Investment Fund Inc. (Investment Fund), for withdrawal at a later date.

Forms and Instructions

Endowment income may be reinvested in the UNC-Chapel Hill Foundation Investment Fund, Inc. by using the Campus Journal Entry System in ConnectCarolina. The journal entry is restricted to transfers from the endowment income fund to its related principal fund. For more information on these transactions, please consult the Campus Journals Guide.

Related Data

  • Finance Policy 406 - University of North Carolina at Chapel Hill Policy on Endowment Income Reinvestment
  • Finance Procedure 406.2 - University of North Carolina at Chapel Hill Procedure on Withdrawing Reinvested Endowment Income
  • Finance Procedure 405.1 - University of North Carolina at Chapel Hill Procedure on Adding and Withdrawing Endowment Funds

Related Policies

  • Finance Policy 406 - University of North Carolina at Chapel Hill Policy on Endowment Income Reinvestment

History

Revised:

  • February 1, 2010
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Details

Article ID: 131516
Created
Thu 4/8/21 9:10 PM
Modified
Tue 10/31/23 1:18 PM
Effective Date
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04/05/2018 12:00 AM
Issuing Officer
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Issuing Officer Title
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Int. ED Assoc. Entities/Assoc Controller
Last Review
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04/05/2018 12:00 AM
Last Revised
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04/05/2018 12:00 AM
Next Review
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04/01/2020 12:00 AM
Origination
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03/01/2002 12:00 AM
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F&O-Finance