blog posts Open Comment Period: Returning Funds to the University of Illinois Foundation Nov 2, 2020 9:00 amThe Office of the Vice President, Chief Financial Officer and Comptroller announces an open comment period (beginning 11/2/20 and closing 11/13/20) to present 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 and procedure will replace the version currently located at Section 11.8 Return of Gift Funds to the University of Illinois Foundation. Feedback on this updated policy may be submitted directly via email at email@example.com.ContactFor questions contact CFO Business and Finance Policy Office at (312) 585-9049 or firstname.lastname@example.org.