FIN-026
This policy establishes guidelines and requirements for University, Medical Center, and/or College at Wise units wishing to create Quasi Endowment accounts in order to invest funds in the University of Virginia Investment Management Company’s long-term pool to meet long-term financial needs.
Applies To
The Medical Center
Contact Office
Financial Reporting & Accounting
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 and Chief Financial Officer, Chief Financial Officer of the Health System