Endowment

Foundations and other organizations that manage endowments rely on AccuFund to meet audit and reporting needs (UPMIFA and FASB), distribute income and expenses, and calculate spending policies.

For each named fund, you can track original corpus, gains and losses, market and book value, management fees, donations, and expenditures. Income, expenses, and fees can be allocated to funds quarterly or monthly, and on a percentage or unitized basis depending on the size of the endowment.  

AccuFund’s Endowment Management System ensures reliable data with a strong audit trail. 

By providing tools that make it easy for staff to monitor deadlines, attach documents, and distribute reports, the module enables a more active and efficient approach to fund management.

Should you need to do the day-to-day accounting for your endowment, simply pick and choose from AccuFund’s regular accounting modules, such as Accounts Payable, Grant Management, Accounts Receivable, and more.

Powerful API capabilities open up a range of possibilities for integrations such as donor management and other ERP systems.

Automatically unitize funds and investment pools. This makes UPMIFA compliance easier, because spending rules are set up to preserve endowment capital. While default spending rules are provided, they can be customized as required.

Similarly, the allocation of earned and unearned investment earnings can be allocated using default options provided by the system or customized to match your specific needs.

Investment Pool Tracking manages information such as Investment Type, Investor Name, Target Percentages, and Initial Investment Amount. Other fields can be added as desired, with unlimited capacity.

Dashboard, providing an at-a-glance view of investment pool information.