|Endowment Agreement Form||This form should be completed in order to establish a new endowment or to modify an existing endowment. Please review the Foundation’s Endowment Policy for guidance on establishing a new endowment.|
|Incoming Wire Transfer Notification Form||This form is used by the donor to notify the SF State Foundation of a donation via wire transfer from the donor’s bank account to the Foundation’s bank account.|
|Request to Transfer Funds from Endowment Fund to Spending Account Form||1. Requests to transfer distribution payouts and other funds from an endowment fund will be processed on a quarterly basis. Requests should be submitted by the 30th of the month following the end of the quarter. (For example, for the quarter ending December 31, 2009, requests should be submitted by January 30, 2010.)
2. The Project Director should complete the Request to Transfer Funds from Endowment Fund to Spending Account form and submit it to SF State Foundation.
3. SF State Foundation will review request and once approved, will forward it to Auxiliary Business Services for processing.
4. Auxiliary Business Services will process the request and transfer the funds on or around the 15th of the month or shortly thereafter. (Using the above example, the transfer will occur on or around February 15, 2010.)
Note: Permanent Endowment Accounts (99160XXX) and Quasi Endowment Accounts (99157XXX): Even though investment returns have been positive the last couple of quarters, many endowments are still underwater. The Foundation’s policy is to payout annually up to 4%; however, we will continue to monitor these endowments and advise you on a case-by-case basis as to whether or not you will be able to access any endowment income generated.
|Securities Transfer Request Form||This form is used by the donor to transfer stock/securities as a donation to the SF State Foundation.|