What is Foundations Accounting & Investments?
Foundations Accounting & Investments (FAI) is a multi-service office to twenty entities including: The NC State Investment Fund, Inc. (NCSIF)...
Foundation Projects
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What is Fundriver?
Endowments are invested using a “pooled” concept, meaning they are combined with other endowments in an investment pool, the NC... -
What is the asset allocation for the NC State Investment Fund (NCSIF)?
For information about the NCSIF’s asset allocation, please refer to the NCSIF Investment Policy Statement, which can be found on... -
What is the asset allocation for the Sustainable Responsible Impact (SRI) Fund?
For information about the SRI Fund’s asset allocation, please refer to the SRI Fund Investment Policy Statement, which can be... -
What is the balance of my Endowment Fund project?
For information about individual projects in all ledgers, you can use the University’s Wolfpack Reporting System (WRS). Foundations Accounting & Investments... -
What is the balance of my Foundation project?
For information about individual projects in all ledgers, you can use the University’s Wolfpack Reporting System (WRS). Foundations Accounting &... -
What is the difference between the NC State Investment Fund (NCSIF) and the NC State University Foundation Sustainable Responsible Impact (SRI) Fund?
Unlike the SRI Fund, the NCSIF is not limited in the types of companies in which it can invest. The... -
What is the Endowment Fund?
The Endowment Fund of NC State University (The Endowment Fund) is a statutorily created fund that holds endowments. The Endowment... -
What is the NC State Investment Fund, Inc. (NCSIF)?
The NC State Investment Fund, Inc. (The “Fund”) began operations in April 1999. The original pool, the long-term investment pool... -
What led to the creation of the NC State University Foundation Sustainable Responsible Impact (SRI) Fund?
In September 2013, Chancellor Woodson announced the largest single gift in NC State University’s history at that time – the... -
What strategies does the Sustainable Responsible Impact (SRI) Fund utilize to achieve a sustainable responsible impact investment approach?
Socially Responsible Investing (SRI) A portfolio construction process that attempts to avoid investment in certain stocks or industries through negative... -
What’s the difference between a gift, a grant, and a contract?
A gift is a voluntary and nonreciprocal donation of personal (cash, securities, books, equipment, life insurance, etc.) or real property... -
When and how often are market values updated in Fundriver?
Market values for endowments are updated in Fundriver quarterly. Updated market values for each quarter are available approximately 1.5 months... -
When are endowment spending budgets calculated?
Programmatic spending budgets for next fiscal year are calculated each fall for endowments that were fully funded as of the... -
When should a gift be deposited to the University versus a Foundation?
The entity in which gifts must be recorded is generally determined by how the check is made payable, unless adequate... -
When should a grant be deposited to a Foundation versus the University?
Where a grant can be deposited depends on whether the grant is “specific” or “nonspecific”. See Definition of Gifts, Grants,... -
When was the NC State Investment Fund (NCSIF) established? Why?
The NC State Investment Fund, Inc. (Fund) is a North Carolina not-for-profit organization exempt from income tax under Section 501(c)(3)... -
When will a new endowment be added to Fundriver?
Fundriver is updated quarterly. New endowments created during a quarter will be added at the end of each quarter. Fundriver... -
When will a new endowment generate a spending budget?
New endowments with Memorandums of Understanding (gift agreements) that follow the board-approved endowment spending policy are eligible to begin spending... -
Where can I find current and historical performance information for the NC State Investment Fund (NCSIF)?
Current and historical investment performance for the NCSIF can be found on the Foundations Accounting & Investments website. -
Where can I find investment performance for the Sustainable Responsible Impact (SRI) Fund?
More information about the SRI Fund, including investment performance, can be found on our website. -
Where can I find the playback for previous State of the Endowments?
A playback of the previous State of the Endowment presentations can be found on the Foundations Accounting & Investments website... -
Which endowments can be invested in the Sustainable Responsible Impact (SRI) Fund?
To be invested in the SRI Fund, endowments must be held by the NC State University Foundation. Endowments within the NC... -
Who do I contact for training on Foundation and/or Endowment Fund activities?
Please contact Emily Lowman, Director of Information & Accounting Systems or visit the Foundations Accounting & Investments website for various... -
Who governs the NC State Investment Fund (NCSIF)?
The NCSIF is governed by a Members Board and a Board of Directors. The Members Board governs the NC State... -
Who oversees the NC State University Foundation Sustainable Responsible Impact (SRI) Fund?
The NC State University Foundation, Inc. Board of Directors delegated authority to the Foundation’s Treasurer and Director of Investments, jointly,...