Creating and Managing Quasi Endowment Accounts

FIN-026

This policy establishes guidelines and requirements for University and/or Medical Center units wishing to create Quasi Endowment accounts in order to invest funds in the University of Virginia Investment Management Company’s (UVIMCO’s) Long-Term Pool to meet long-term financial needs.

Applies To
Academic Division
The College at Wise
The Medical Center
Approved On
Contact Office
Financial Reporting and Operations
Keywords
quasi endowment accounts
perpetual quasi endowments
creation and divestment
long-term investments
additions to a quasi endowment
quasi endowment creation
quasi-endowments
quasi endowment divestment
Last Revised
Major Category
Finance and Business Operations
Oversight Executive
Vice President for Finance