Policies and Procedures

Opening a New UCF Foundation Account

 

Contact the College Development Officer for assistance in completing a

Foundation – Request For New Project Form form (aka Account Request Form/Request for New Project)

 

  • If creating an endowment, the MOU (Memorandum Of Understanding)¬†draft must be attached
  • In order for a named account (non-endowed) to be established, there must be an agreement indicating a minimum of $3,000 will be contributed over a 3 year period.
  • Endowed funds begin at the $25,000 level and should generally be paid within a 5 year period.
  • For a non-endowed account it takes a minimum of $10,000 over three years to open.