Is it time to audit your restricted funds? Learn how a deep dive into the endowed funds at Columbia College revealed potential for $400,000 in annual operating relief.
Join Gonser Gerber Partner Chad Jolly and members of the Advancement staff from Columbia College (Columbia, MO) as they discuss the College’s step by step endowed and restricted fund audit process and how this project brought immediate relief to the annual operating budget, changed the College’s scholarship program, and how endowed fund agreements were written going forward.
Topics we will cover in this webinar include:
- Working with our CFO, admissions team and financial aid office on reviewing our endowed and restricted funds
- Contacting donors and fund stewards about their past restricted gifts
- Establishing new processes and policies
- Awarding funds moving forward
- Lessons learned
The fee is $295 per institution, which allows your entire team the opportunity to participate in this professional development at the same time. If you are a current client of Gonser Gerber Advancement Consulting, that fee is just $145. You will also receive a copy of the presentation and a recording of the webinar with your registration.
On Demand Details: After your registration, you will receive a copy of the power point presentation as well as a copy of the recording. (Please allow at least 48 business hours to receive your materials.) You will be able to share these materials with your entire team, including volunteers, and review the recording as many times as you need.
Who Should Attend
This program is designed for staff members that work with restricted funds, including fundraising, financial management and oversight. This could include gift officers, chief financial officers, directors, advancement staff, or institutional leadership. Any institution that manages an endowed gift program could benefit from learning the lessons from Columbia College, whether you are in higher education, an independent school, non-profit or health-care organization.