406.2 - University of North Carolina at Chapel Hill Procedure on Withdrawing Reinvested Endowment Income

Procedure Statement

Subject to donor-imposed restrictions, reinvested income may be withdrawn with at least 30 days notice to Accounting Services prior to the end of a calendar month.

Forms and Instructions

Complete the Withdrawal of Reinvested Endowment Income Request Form and send the original to Accounting Services. Accounting Services will post the withdrawn amount and corresponding realized gain or loss to the endowment income account.

Related Data

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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Article ID: 131517
Created
Thu 4/8/21 9:10 PM
Modified
Tue 10/31/23 1:18 PM
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F&O-Finance
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03/01/2002 12:00 AM