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Endowment and Gift Management



Overview

The Endowment and Gift Management Group serves as a liaison between the University Advancement Office and the Campus Community.  We understand that donors have a choice on where they want to give and are honored that they have chosen to give to Wake Forest.  At the same time, we know that our campus constituents have unique needs.  Finally, we understand that gifts to non-profit institutions such as ours are subject to accounting and legal regulation.

Our goal in the Endowment and Gift Management Group is balance the donor, constituent, and regulatory requirements of University gifts.  We hope that you will find the following information useful.   If you do not find what you’re looking for please e-mail us.  We value your feedback and look forward to serving you.

How To:

Learn more information about endowment and gift funds:

General Information
Endowment Funds
Restricted Funds

FAQ:

Frequently Asked Questions (FAQ)

Frequently Asked Questions (FAQ)

QuestionAnswerMore Information
Our department received a gift check. What should we do with it?Gift checks may not be deposited at the window and should be sent to the Revenue Processing Department in Advancement for deposit. Gift receipts are generated only for checks deposited by Advancement. They are not generated for checks deposited at the window. As a reminder - a gift is an unconditional transfer of assets (i.e. cash). If someone is expecting something in exchange for the cash or check. If the cash or check is written to cover a specific expense (i.e. J. Q. Student's tuition expense), it is not a gift.Endowment and Gift Management
Our department has unspent funds. Can we put them in the endowment?At this time, there is no program by which a department may reinvest unspent funds. It should be noted, where applicable, restricted funds should be spent before operating funds.Endowment and Gift Management
What is makes a check a gift and not a payment?If someone gives a check to the University and does not expect a good or service in return, the check may be considered to be a gift.Endowment and Gift Management
What is the FY14 endowment distribution rate?The FY14 Distribution Rate is $2.551 per unit. This rate represents 5.3% of the three year rolling average market value of the endowment pool.Endowment and Gift Management
What is the FY15 endowment distribution rate?The FY15 Distribution Rate is $2.571 per unit. This rate represents 5.3% of the three year rolling average market value of the endowment pool.Endowment and Gift Management

Tools

Coming soon! For specific questions on endowments and gifts, please contact Kameron Gress or Wendy Harper on the Financial Accounting & Reporting Team.

Forms

Coming soon! For specific questions on endowments and gifts, please contact Kameron Gress or Wendy Harper on the Financial Accounting & Reporting Team.