Oakland University
Endowment Fund Request Form
THIS ENDOWMENT IS ESTABLISHED AT: / OAKLAND UNIVERSITYFULL NAME REQUESTED FOR ENDOWMENT:
PURPOSE OF ENDOWMENT:
Check to confirm that fully executed copy of endowment agreement is attached:
TYPE OF ENDOWMENT: / TRUE ENDOWMENT / FUNDS FUNCTIONING AS ENDOWMENT (Quasi Endowment)
IF FUNDS FUNCTIONING AS ENDOWMENT, ENDOWMENT SPENDING DISTRIBUTIONS ARE:
Restricted for use specified by Donor / Designated by Board, Department, SchoolSpending distributions are made to the endowment’s spending fund in Oakland University’s expendable restricted fund. A spending fund account number will be assigned by the Accounting Office in addition to the new endowment fund account number.
DESIGNATED MANAGER FOR SPENDING FUND:
Department Name: / DEPT ORG#Authorized Signator(s): / ______
(Sign; print name and title) (Signature, if more than one)
APPROVAL OF AUTHORIZED SIGNATOR(S) FOR SPENDING FUND:
Note: Authorized signers must be approved by next administrative level above authorized signer(s)
Authorized By: / ______(Sign; print name and title) (Date)
REQUEST PREPARED BY / ______
(Sign and print name) (Date)
REQUIRED APPROVALS
FINANCIAL AID(Endowed Scholarships Only) / ______
Cindy Hermsen, Director, Financial Aid (Date)
BENEFICIARY UNIT: / ______
(Date)
UNIVERSITY RELATIONS / ______
Susan Davies Goepp, Vice President, University Relations (Date)
NOTE: Fund numbers for new endowment and related spending funds will be e-mailed by Accounting Office to preparer, Financial Aid (if applicable), department, Development Information Services, and Donor Records. Signature cards will be mailed to authorized signators for completion.