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Endowments & Split-Interest Accounting and Reporting
Date
June 12, 2014
$29
Standard Price
Over the past decade, split-interest agreements have become increasingly
popular, especially among donors who are not quite ready to completely let go
of their wealth. This session will cover:
• The basics of endowment accounting, including how to handle “underwater”
endowments and what to look for relative to the Uniform Prudent
Management of Institutional Funds Act (UPMIFA)
• How to make accounting for split-interest agreements simple and easy
• What to do when trying to record beneficial interests in trusts with little information
popular, especially among donors who are not quite ready to completely let go
of their wealth. This session will cover:
• The basics of endowment accounting, including how to handle “underwater”
endowments and what to look for relative to the Uniform Prudent
Management of Institutional Funds Act (UPMIFA)
• How to make accounting for split-interest agreements simple and easy
• What to do when trying to record beneficial interests in trusts with little information
Speakers
Louis Mezzina, CPA
Senior Advisor, KPMG LLP
John R. Kroll, CPA
Associate Vice President for Finance and Administration, University of Chicago
Specialties
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