Splitting an endowment between the two investment funds is not permissible. There is no reporting system available to combine data for endowments split between the two, separately managed investment funds. Endowments must be invested wholly in either the SRI Fund or the NC State Investment Fund. However, for two separate endowments with the same purpose that each meet the University’s minimum funding levels, one could reside in the NCSIF pool and one in the SRI pool.
Updated on October 15, 2020
Was this article helpful?
Cant't find what you are looking for?
Sends us a messageContact the KB Team