Endowment and program gift funds established by donor gifts support direct expenditures related to the specific restricted gift purpose; however indirect costs are not supported directly by the restricted endowment and program gift funds. The indirect cost recovery policy allows for the benefiting school or center to recover a portion of these indirect expenses used in support of the endowment or gift program.
January, 2015
May, 2022
Responsible OfficeTreasurer
Treasurer