Endowments are one of the most complicated aspects of not-for-profit accounting. The complexity and specific details of each donor’s agreement could impact the accounting and financial reporting within your organization. This session will focus on examples of various types of endowment gifts and agreements, including the accounting, income allocation, spending policies and financial reporting requirements. Topics will also include underwater endowment accounting, term endowments and pooled endowment funds, among others.
1. Identify the different types of endowment gifts.
2. Analyze specific scenarios with respect to underwater endowments
3. Determine proper financial reporting for endowments.