Review date
Responsible office
Budget and Resource Management
Definition
- Meet same definition criteria as provided in Section B-1 Gifts.
- Subject to minimum amounts to fund (contact UCSF Development and Alumni Relations [UDAR] Office).
- Spending of principal restricted while held as FFE (contact UCSF Development and Alumni Relations [UDAR] Office).
- Once gift principal is placed in FFE, it must be held as FFE for the minimum time period (contact UCSF Development and Alumni Relations [UDAR] Office).
- May be in the form of a bequest if source is donor funds; may be established in either the Regents (directly to UCSF) or the UCSF Foundation.
- If source of funds is from campus funds, must be established at the Regents (directly to UCSF).
- FFE invested in the endowment pool earns annual income (i.e., payout). Payout must be transferred to Regents funds for expenditure.