Gifts for Current Spending from Endowments

Gifts to an endowment which the donor intends to be available for spending must be brought to the attention of Gift Accounting. In order to ensure proper processing, please use the checklist below:

• The donor must be the one requesting the use of their gift for current purposes. Unless we have something in writing from the donor to indicate otherwise, the assumption is that a gift made to an endowed fund is intended to be applied to the principal.
• Bold or highlight "current year spending" on the transmittal form
• If a gift (or portion thereof) is intended for a current year gift, an email from the Development Officer or Business Manager sent to the following individuals will help ensure that appropriate steps are taken to get the gift handled properly:
  • Gift Accounting (gifts@uga.edu)
  • Expenditure Control (askfsap@uga.edu)