Review date
Responsible office
Budget and Resource Management
Definition
- Meet same definition criteria as provided in Section B-1, Gifts
- Subject to minimum amounts (contact UCSF Development and Alumni Relations (UDAR) Office)
- Provided to establish an ongoing source of income for support of campus programs. Principal remains invested in perpetuity and is not expendable. May be in the form of a bequest.
- Made either to the Regents (directly to UCSF) or to the UCSF Foundation
- Invested in an endowment pool and earn annual distribution income (i.e., payout). Foundation endowment income must be transferred to Regents funds for expenditure.