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Treasurer

Endowing of Unrestricted & Temporarily Restricted Funds

TREASURY SERVICES 
POLICIES & PROCEDURES

XI. ENDOWING OF UNRESTRICTED AND TEMPORARILY RESTRICTED FUNDS

Unrestricted gifts can be endowed with the approval of both the Executive Director and the Treasurer of UAF. The Treasurer of the UAF must report any such activity to the Executive Committee at its next scheduled meeting. The needs of UA as expressed by the UA President and Board of Trustees shall be of paramount concern in any decision to endow unrestricted gifts. 

Temporarily restricted funds can be endowed at the request of the person responsible for the account by submitting an (Endowment of Temporarily Restricted Funds) to the Assistant Treasurer of the UAF. The Assistant Treasurer will inform the Executive Director of these requests.

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