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University at Buffalo Foundation, Inc.
P.O. Box 900
Buffalo, NY 14226-0900
Phone: (716) 645-3013
Fax: (716) 645-3475
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Administrative Fee Policies
Administrative Fees are applied as a percentage of the gross revenue dollars received. These fees are applied to liquid funds received such as cash, checks, and securities. When personal property items are converted to cash, these policies also apply.
Administrative Fee Policy Definitions
Endowment Principal Gifts
Gifts from all sources directed to endowment principal accounts, where the intent is to invest the funds and generate annual expendable investment return.
Non-Endowment Gifts
Gifts from all sources where the intent is to have the gift spent on University programs.
Endowment Fund Revenues
Expendable investment return generated by the endowment portfolio.
Sponsored Program Revenues
Revenues that support projects for which there is a contractual obligation to provide a specified work product for a specific sponsor.
Faculty Practice Revenues
Revenues made available for general university unit needs as a result of university clinical practice activities.
Activity and Service Revenues
Revenues from continuing education, event admissions, social activity fees, and other revenue-generating activities that do not fall into any other category.
Charitable Trusts and Gift Annuities Revenues
Donor payments to charitable arrangements through which benefits to designated persons are provided for a period, after which the remainder is made available for the university.