Administrative Fees

Gift Revenues

• Endowment Principal Gifts -- 0%
• Non-Endowment Gifts -- 5%
  

Endowment Fund Revenues

While no fee is deducted from any gifts to the principal of an endowment, an endowment fee amounting to approximately 1% of the value of each endowment fund is charged each year and reduces the annual allocation to the spendable portion of the endowment fund.

Sponsored Program Revenues

The Office of Sponsored Programs determines the fee structure for privately funded sponsored programs. 

Faculty Practice Revenues

Clinical practice revenues are subject to a 5 percent administrative fee.

Activities and Services Revenues

The general university service fee (GUSF) of 7 percent applies to activities and services revenues. This revenue category includes all revenues except gifts, sponsored programs, investment revenue, faculty practice, and UB Micro sales. Such revenue items are continuing education, event admissions, social activity fees, and other sales and services.

The University at Buffalo GUSF fee policy can be found at http://policy.business.buffalo.edu/Policy Library/General University Service Fee.pdf

Charitable Trusts and Gift Annuities

For all charitable trusts and gift annuities administered by UB Foundation, an annual fee is charged of approximately 0.5 percent of the beginning-of-the-year market value. Upon final distribution of trust assets, standard gift revenue fees are applied.

For those charitable trusts not administered by UB Foundation, the standard gift revenue fees are applied upon receipt of distribution from the trust.