Restricted Funds

5-3XXXX accounts - income (contributions) and expenses

Funds received from donors, organizations or other outside sources are restricted for a specific department or operating purpose. The Department of Restricted and Endowment Funds ensures that funds are deposited into the proper accounts and any activity against these accounts satisfies the donor's intended use of the contribution.

The department is also responsible for opening new restricted accounts and securing the appropriate correspondence necessary to support the creation of new accounts. In any cases where restricted contributions are given to the university to support research activities, the Division of Grant and Contract Accounting should be contacted to open an account.