Amounts given to the U of O Foundation by donors are gifts and must maintain that identity when transferred to the University of Oregon. When checks are requested from the Foundation for deposit to the University they must be deposited into an appropriate gift fund as described below.
Foundation gifts with no limitations on use imposed by the donor are considered 'unrestricted'. Checks from an unrestricted Foundation account are deposited into a University Unrestricted Gift fund (060XXX).
Foundation gifts with limitations on use imposed by the donor are considered 'restricted'. Checks from a restricted Foundation account are deposit into a University Affiliated Foundations Gifts (435XXX) or Foundation Interest-State Match Endowment Eligible (438XXX).
Foundation gifts given with the intention of supporting Capital Projects are deposited into a University Affiliated Foundations Gifts Grant Contract Plant Fund (8095XX).
All checks from the Foundation are deposited into the above funds as revenue and posted to account code 03651.
If an area requests or receives a check from the Foundation and does not have the proper fund at their disposal, they should contact their budget analyst in the Office of Resource Management for assistance is establishing an appropriate fund.