Changes are made in advance of the first reporting cycle in which the new/revised endowment must be included. New matching, provided at the end of each fiscal year, will not be reported until the end of the following fiscal year (i.e., an endowment matched in May 2016 will be first reported in October 2017, during the FY 2016-17 cycle). Revisions to a matched endowment that do not require a change in programs (e.g., Endowed Chair to Endowed Professorships) are typically made immediately upon BoR approval.
When are new and revised endowments added to the online reporting system?
Categories: BoRSF Faculty Endowments, Reporting and Compliance