Endowment Accounting Insights and Analysis Survey
The 2015-2016 Endowment Accounting Insights & Analysis Survey sought information central to endowment accounting management, including the frequency of fund statement reports, the syste
ms used to manage finances, and specific software features used to manage endowments. With 272 endowment professionals responding, the vast majority of organizations (83%) manage endowments less than $100 million.
AccuFund commissioned publisher Nonprofit PRO to survey its readers (nonprofit finance professionals and top organization management) to benchmark the methods used to manage endowment accounting.
Key Findings Include:
- 35.5% of respondents indicate using Excel or QuickBooks to manage finances
- Nearly half (46%) of all respondents have not made a change in their spending policy because of the changing investment environment
- Only 32% of respondents indicated their existing endowment accounting software can handle multiple fee policies such as endowment size, historical changes, negotiated rate, etc.
View more results of the 2015-2016 Endowment Accounting Insights & Analysis Survey in this Infographic.
Read the full press release.