1. Home
  2. Foundation Projects
  3. What is Fundriver?
  1. Home
  2. *All Help Topics
  3. What is Fundriver?

What is Fundriver?

Endowments are invested using a “pooled” concept, meaning they are combined with other endowments in an investment pool, the NC State Investment Fund, Inc. In order to allocate investment earnings (interest, dividends, and realized and unrealized gains/losses) to individual endowments, a method of unitization is needed (similar in concept to a mutual fund). Foundations Accounting & Investments (FAI) uses a software package called Fundriver to provide for this unitization, replacing Excel spreadsheets used previously. One of the features of the software package is that the information is available to campus via the web.

More information on how to access Fundriver, please visit Foundations Accounting & Investments, Reporting Tools page.

Updated on August 26, 2020

Was this article helpful?

Cant't find what you are looking for?
Sends us a message
Contact the KB Team