Next Review Date: 02/18/2024
Issuance Date: 02/18/2021
Issuing Office: Vice Chancellor - Chief Financial Officer
I. REFERENCES AND RELATED POLICIES
UC San Diego Policy and Procedure Manual (PPM)
150-35 Classification, Acceptance, and Administration of Awards from Private Sources
STIP earnings on all fund sources at UC San Diego are swept to provide an unrestricted resource to the campus for critical budgetary support of central operations. Included in the central operations is providing all budgetary support of Advancement, the UC San Diego Foundation, and the UC San Diego Alumni Association.
A. UC San Diego General Accounting Office and UC San Diego Foundation Accounting Office
Credit the Chancellor (and any special circumstance exempted current gift and private grant funds) with the appropriate amount of interest earnings per this policy.
B. Department Personnel, Development Officers, Gift Administration, and Office of Contract and Grant Administration
Inform donors or potential donors of this policy as necessary
V. REVISION HISTORY
2021-02-18 Policy reviewed Updates included - Policy language cleanup and simplification and updated issuing office.