Not all endowments are the same, and they often times create complexity and confusion within not-for-profit organizations. This session will review endowment accounting and financial reporting, provide an overview of UPMIFA, and share some suggestions for effective communication with Boards, development staff, and donors about endowments.
Assess endowment accounting, financial reporting, and disclosures – with a focused discussion on the impact of ASU 2016-14 on endowments
Interpret accounting rules for underwater endowments
Contract donor-restricted and board-designated endowments