Gift Purpose

Gift Purpose

Gift purposes are designated for unit use and are not included in the reporting completed by UVAFinance. The use of gift funds may be specified for purposes such as professorships, fellowships, scholarships, books, teaching, research, lectures, etc., that can be supported by varying amounts of funding. A gift must be set up with an appropriate primary gift purpose and an alternative purpose can be designated if desired by the unit.

A list of the most common gift purpose selections has been provided below. Additional purpose selections may be added within Workday on an ad hoc basis and may not be defined within the list provided.

 

 

Gift Purpose Selections

Gift Purpose

Description

Capital Projects

A gift that will be used for construction expenditures or for the acquisition of University property

Fellowship-General

A gift that awards scholarships to graduate students without Donor restriction

Fellowship-Specific

A gift that awards scholarships to graduate students with Donor restriction

Hospital

A gift that supports the patient care operations of the University Medical Center

Journal

A gift used for journal publications

Lecture

A named endowed fund to provide a lecture program for a school, department, or program

Library

A gift used to support Library activities

Loans

A gift that create a student loan program

Operational

A gift given for operational uses (instruction, administration, libraries, student services, institutional support, etc.)

Prize and Premium

A gift that is given to establish an award or prize fund

Professorship

Endowed chairs established by private donors

Research

A gift that supports the general research activities of the University

Research – Restricted

A gift that supports research activities of the University with Donor restriction

Scholarship-General

A gift that awards scholarships to undergraduate students without donor restriction

Scholarship-Merit Based

A gift that awards scholarships only to students based on merit

Scholarship-Need Based

A gift that awards scholarships only to students based on need

Scholarship-Specific

A gift that awards scholarships to undergraduate students with Donor restrictions (not need or merit based)

Student Programs

A gift given for the primary purpose of supporting student programming

Student Support

A gift given for the primary purpose of contributing to the students’ wellbeing and overall development

Unrestricted-Dean

A gift given for unrestricted use by the Dean

Unrestricted-Department

A gift given for unrestricted use by the Department

Gifts provided to be an endowed professorship must be designated with the gift purpose of Professorship. This distinction identifies that the professorship can be used within the Workday HCM module.