Returning Funds to the University of Illinois Foundation
Welcome to the CFO Business and Finance Policy Office Open Comment Blog!
The Office of the Vice President, Chief Financial Officer & Comptroller announces an open comment period (beginning on 11/2/20 and ending on 11/13/20) to propose updates and improvements to a current section of the Business and Financial Policies and Procedures Manual. The updated policy is available for review at the following link: Section 11.8 Returning Funds to the University of Illinois Foundation.
This updated policy will provide guidance to units that need to return funds to UIF for one reason or another (such as to invest or reinvest into a UIF endowment or to return funds which were erroneously distributed to a gift fund within Banner). This update will also ensure the policy is in an updated, user-friendly format consistent with other recently updated policies.
This updated policy will replace the version currently located at Section 11.8 Return of Gift Funds to the University of Illinois Foundation.
We appreciate your review and feedback on this updated policy.
To review the policy, download the PDF document in the link below. To provide feedback, please use the "Add Comment" link in the bottom right-hand corner of this webpage below. On the next screen, choose the "Sign in with my NetID" option and log in with your university credentials and then provide your comments on the Feedback Board. Another way to submit comments or feedback without posting to the Feedback Board would be to simply email obfspolicies@uillinois.edu. Thank you for your efforts!
Section 11.8 Returning Funds to the University of Illinois Foundation
