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
100% helpful - 1 review
Print Article

Details

Article ID: 131516
Created
Thu 4/8/21 9:10 PM
Modified
Tue 10/31/23 1:18 PM
Responsible Unit
School, Department, or other organizational unit issuing this document.
F&O-Finance
Issuing Officer
Name of the document Issuing Officer. This is the individual whose organizational authority covers the policy scope and who is primarily responsible for the policy.
Issuing Officer Title
Title of the person who is primarily responsible for issuing this policy.
Int. ED Assoc. Entities/Assoc Controller
Next Review
Date on which the next document review is due.
04/01/2020 12:00 AM
Last Review
Date on which the most recent document review was completed.
04/05/2018 12:00 AM
Last Revised
Date on which the most recent changes to this document were approved.
04/05/2018 12:00 AM
Effective Date
If the date on which this document became/becomes enforceable differs from the Origination or Last Revision, this attribute reflects the date on which it is/was enforcable.
04/05/2018 12:00 AM
Origination
Date on which the original version of this document was first made official.
03/01/2002 12:00 AM