FY13 ENDOWMENT POLICY

For FY13, 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 2009, and 2010, and 2011. Your unit will receive sometime in February, 2012 from the Office of Budget and Financial Planning the endowment draw limits by fund.

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