Gift Administration

Gift Administration is tasked with overseeing the management of the University’s diverse gift funds. These funds include both current use gifts, which may be fully expended, and gifts designated for the construction, renovation, and maintenance of university facilities (plant funds), as well as gifts to the endowment, which are intended to provide long-term financial support to the institution. Endowment gifts are restricted such that only the income generated from the principal may be spent, with the principal remaining intact in perpetuity. Gift funds may be designated for either unrestricted use by the University or for specific purposes as outlined by the donor.

Gift Administration is responsible for:

Establishing New Gifts

• Endowment – The gift contribution is invested in endowment pool in perpetuity and the income generated is used in accordance with donor intention
• Spendable – Contributions can be spent down in its entirety
• Plant – Fund capital projects

Gift Inquiries

• Addressing gift related compliance, accounting, and general questions through giftawards@yale.edu

Restricted Gift Training

• Administering university wide restricted gift training among various departments within the Yale community.

Gift Compliance

• Ensuring gifts are managed in accordance with gift agreement restrictions and the intention of the donor.

Gift Administration Accounting

• Calculate the endowment unit market price each month
• Reconciling the Workday endowment unit module to the University’s general ledger
• Ensuring proper accounting for gifts to the university, including pledge receivables
• Distribution of annual spending to individual endowment gifts
• Financial reporting

Maintenance and improvement of Gift Administration systems infrastructure

• Maintaining functionality of system integrations across Hopper, Workday, and Salesforce software.