Columbia University

1
Columbia University
Establishing or Amending an Endowment High-Level
Overview
E-Copy of Create Form w/FAS Info
Prepares Endowment Request
School/Office
E-Copy to confirm Central/Non-Central Designation
OMB
Approves request, obtains signature, and
completes endowment create form
Copy of Create Form w/Allocation Code
Copy of Endowment Request Package
Complete the endowment record sheet in Advance
Assigns and creates FAS account
Records funds in FAS
Controller
Endowment packet scanned into Advance
E-copy to validate accounting instructions
Obtains signatures, assigns allocation
notifies School/Office
Copy of Create Form w/FAS Info
Accepts new gift Amends terms
Filed for future record
UDAR
The above process reflects the Create/Amend
process for most endowments.