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Policies and Procedures

Procedure 406.2 – Withdrawing Reinvested Endowment Income

Effective
March 1, 2002
Last Updated
February 1, 2010
Responsible University Officer
University Controller
Responsible Unit
Accounting Services

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Subject to donor-imposed restrictions, reinvested income may be withdrawn with at least 30 days notice to Accounting Services prior to the end of a calendar month.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 Accounting Services will post the withdrawn amount and corresponding realized gain or loss to the endowment income account.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

406 - Endowment Income Reinvestment

406.1 - Reinvesting Endowment Income

406.2.1f - Withdrawal of Reinvested Endowment Income Request Form

History

Revised:
February 1, 2010