Nonprofit and Government Financial Operations Improvement Specialists

 Contact Us 
877-872-2228
Contact Us: 877-872-2228

Endowment AccountingENDOWMENT ACCOUNTING

Improve accountability and communication while streamlining all aspects of foundation operations with AccuFund’s complete Endowment/Foundation financial solution. Meet audit and reporting needs, easily distribute income and expenses, calculate spending policy, and provide all required reporting.

AccuFund Endowment Accounting (AF-EA) gives foundations and other organizations managing endowments a complete financial solution for:

  • Tracking and reporting restricted funds, both donor-advised and endowment  
  • Reporting you need to meet UPMIFA and FASB 117 requirements
  • Allocate income, expenses and fees to funds on a quarterly or monthly basis
  • Allocate on either a percentage or unitized basis depending on the size of the endowment
  • Provide donor fund reports directly from the system
  • All changes are transaction based making audit easier and less costly

For each named fund, a foundation can track:

  • Original corpus,
  • Realized and unrealized gains and losses,
  • Market and book value on the investment,
  • Spending policies,
  • Management fees,
  • Actual donations, and
  • Expenditures

Testimonials

Testimonial“Each month, we can get a report showing the amount of each donor’s original gift, what the market value was at the beginning of the year, all the activity that occurred and the current market value of that gift. Having this update each month with this level of detail is very important to us.” ~ M. Callahan, The Music Center Foundation

“With a lean staff and a modest budget, AccuFund has been a wonderful partner to understand our needs, provide solutions and help us streamline our business. Now with all our systems in place, we’re in a prime position to scale the number of new funds to fulfill our mission and support our donors," ~ R. Nomberg, Richmond Jewish Foundation