FY15 ENDOWMENT POLICY

For FY15, areas may budget as much as, but not more than, 5.0% of the average of an endowed fund's market value on December 31st of 2011, and 2012, and 2013. For planning purposes, in February 2015, your unit will receive from the Office of Budget and Financial Planning the endowment draw limits by fund for FY16.

Please contact the Office of Budget and Financial Planning if you have any questions.