Review date:
February 16, 2018
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
Examples
Overhead Consideration
University Infrastructure and Operations Assessment Gift Fee Assessment Policy
Policy
Policy Reference:
- Section, 450 and 500
- Policy 250-10 - Gift Assessment currently under review
- Policy 450-14 – Levels of Endowments currently under review
- Policy 500-11 - UCSF Foundation
UCSF Office for policy interpretation:
For School of Medicine: Policy regarding establishment of endowed chairs - Office of the Dean.
Review Department/Signature Authority