Foundation Accounting

Welcome to Foundation Accounting

The role of the Foundation Accounting Office is to provide complete accounting and reporting services for the University of Alaska Foundation and related entities, manage and maintain the foundation’s general ledger, manage investments and cash flow for the foundation and Consolidated Endowment Fund, and provide expertise and guidance for special events and tax issues. The accounting office prepares financial statements for the University of Alaska Foundation, and all tax filings for the foundation and related entities.

This department provides procedures and support to ensure proper accounting and data entry for all cash and non-cash gifts, fundraising proceeds, memberships and member benefits. This office processes all disbursement requests, including scholarships, for the use of foundation funds.

This office procures, establishes and administers contracts with fund and investment managers and conducts due diligence to ensure that all financial assets of the foundation and Consolidated Endowment Fund are fully and prudently invested in accordance with guidelines established by the Investment Committee of the University of Alaska Foundation.

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