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.
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.
Revised: