Investments
Policy
The Campus Organizations Accounting Office offers an investment program for any organization
wanting to earn interest on idle funds.
- The investment must be for a minimum of 3 months.
- The investment may be for any amount above a minimum of $1000.00.
- After 3 month period all or portion of amount may be moved back to organization account.
(To leave investment account open minimum balance of $1000.00 must remain.)
- Interest rate varies.
- Investment goes into a pool of funds with multiple university funds. This allows a greater
return on investment.
- Choice of immediate transfer of interest earned to student organization account or compounded
interest monthly.
Procedure
Organizations can request the transfer of funds to or from (after the initial 3 month
period) the investment account at any time.
- To transfer funds from an organization account the treasurer and advisor must fill out
and sign the Investment Transfer Request and submit to Campus
Organization Accounting, 3578 Memorial Union
- Requested funds are moved to “The Investment Account” and interest is moved to the indicated
account each month following the first month invested.
- Additional funds may be added to investment account at any time.
- To transfer funds from invested account back to organization account the treasurer and advisor
must fill out and sign the Investment Reversal Request and submit to
Campus Organizations accounting, 3578 Memorial Union.
Questions
Any questions regarding the investment process may be directed to Peg Highland, 3578 Memorial
Union, 294-6015.
- Balance in organizations investment account
- Interest amount earned during period
- Changes made to account
