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  3. What is the Endowment Fund?

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 Fund holds all endowments made in the name of NC State University, or a college, department, or division of the University, in addition to all Distinguished Professorship endowments. All funds held by The Endowment Fund legally belong to NC State University and reside in Ledger 7 within the University’s accounting system (Financials).

Read more:

Foundations Accounting & Investment, Endowment Fund History

Updated on March 17, 2020

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