L&S Gift Management: How to clear overdrafts on fund 233 gift accounts

This document contains instructions and expectations for L&S departments/programs regarding overdrafts on fund 233 gift accounts.

L&S Departments/Programs must monitor the balance of their 233 sponsored gift accounts, and resolve overdrafts. Small overdrafts on 233 accounts may be acceptable in the short-term, but they are expected to be cleared quarterly.

Options for clearing overdrafts include transferring charges, or transferring more funding from UW Foundation:

L&S Budget Office Contacts

KeywordsGifts, gift accounts, overdraft, cost transfers, process, 233 funding   Doc ID26520
OwnerAmanda M.GroupL&S KB
Created2012-09-20 13:32:18Updated2024-04-29 09:03:16
SitesL&S KB
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