Financial Policies

The purpose of this document is to set forth the University’s policy with respect to memorial and restricted gifts which are received without designation of purpose or which request endowment status but are below the threshold for establishing an endowed fund at the University.

To set forth a policy for the treatment of gifts of securities from unknown donors.

The purpose of this document is to set forth the University’s policies with respect to memorial gifts.

Efficient and cost-effective review of proposed gifts of real estate interests to the University of Pennsylvania.

Endowment and program gift funds established by donor gifts support direct expenditures related to the specific restricted gift purpose; however indirect costs are not supported directly by the restricted endowment and program gift funds. The indirect cost recovery policy allows for the benefiting School or Center to recover a portion of these indirect expenses used in support of the endowment or gift program.

To document the University’s financial policies and practices related to undergraduate alumni class funds and reunion funds.

To accommodate the needs of donors who wish to contribute to the University through qualified charitable distributions (QCDs) from an IRA account. To identify and address relevant legal and tax issues associated with QCDs.