· We manage agreement process
· We take all gifts in
· We reconcile endowment gifts and facilitate the monthly wire to the pool
· Central accounting and investment office manage relationship with custody bank and issue monthly reports about contributed vs. market value, spending, etc.
Hope this helps.
Aaron
Aaron Forrest CPA
Senior Director Gift and Donor Services
University of Rochester Office of Advancement
Larry and Cindy Bloch Alumni and Advancement Center
300 East River Road
Rochester NY 14627
Office 585.275.2799 / Fax 585-273-4558
Email
aaron.forrest@rochester.edu
[Description: Description: Description: cid:
image001.gif@01C92E92.3629C5E0] <http://www.rochester.edu/>
P Please consider the environment before printing this email.
Confidentiality Notice: This message, including attachments may contain confidential information. Any unauthorized use, disclosure or distribution is prohibited.
From: Advancement Services Discussion List <
FUNDSVCS@LISTSERV.FUNDSVCS.ORG> On Behalf Of Ali Faisal
Sent: Monday, May 13, 2019 11:19 AM
To:
FUNDSVCS@LISTSERV.FUNDSVCS.ORG
Subject: [FUNDSVCS] Endowment process
Good morning,
Would you please share the process that you follow on Endowment gifts?
Example, from Donor to the Advancement then to the Finance department (who get involved with investment site) then how Advancement receives information about endowed funds..
Thank you,
Ali Faisal, Ph.D
Associate Vice President of Development Services
Florida Institute of Technology
[FIT logo]
CONFIDENTIAL The information contained in this and any attachments are privileged and confidential and intended only for the named recipient(s). If you have received this message in error, you prohibited from reviewing, copying, distributing or using the information. Please contact the sender immediately by return email and delete the original message and attachments.