Â̾ÞÈËÊÓƵ

1. Gifts to endowed funds. Â̾ÞÈËÊÓƵ requires a minimum of $25,000 to establish a new endowed fund under normal circumstances. (Campuses may be more restrictive by requiring a higher minimum.) Exceptions to this rule may be made only by the Campus President with the Â̾ÞÈËÊÓƵ Treasurer based on such factors as the promise of future additions to the fund or other subjective considerations. Once an endowed fund has been established, gifts of any size may be added to it at any time.

2. Restricted current-use gifts of $500 or more for which a Banner fund does not presently exist. Â̾ÞÈËÊÓƵ requires a minimum of $500 to establish a new restricted current-use gift fund in Banner under normal circumstances. Exceptions to this rule may be made only by the Â̾ÞÈËÊÓƵ Controller based on such factors as the promise of future gifts with the same restriction, the nature of the restriction, and other subjective considerations. Each specific restriction for which gifts have been accepted is set up in Banner as a separate fund.  The restriction terms should be delineated in the document text field of the fund creation request to allow for appropriate stewardship over the restricted resources.

3. Restricted current-use gifts of less than $500 for which a Banner fund does not presently exist. Restricted current gifts of less than $500 for which a separate fund has not yet been established in Banner will be recorded in "generic" restricted current funds in the Banner system established for each major department/division/college. Campus management will be responsible for fulfilling Â̾ÞÈËÊÓƵ fiduciary stewardship responsibilities through use of manual subsidiary records maintained and reconciled by Campus Business Office or UNH Business Service Center staff to faithfully fulfill Â̾ÞÈËÊÓƵ's responsibility to donors to spend the restricted gift proceeds in accordance with the terms accepted by Â̾ÞÈËÊÓƵ.

4. Restricted current-use gifts for which a Banner account already exists. Once a restricted current-use gift fund has been established gifts of any size may be added to it, as LONG AS THE PURPOSE DEFINED BY THE DONOR IS IDENTICAL TO THE RESTRICTED PURPOSE SPECIFIED BY THE INITIAL FUND CREATION REQUEST. Investment earnings will not be credited to unused balances of restricted current gifts under normal circumstances. Rare exceptions to this rule may be made only by the Â̾ÞÈËÊÓƵ Treasurer.