Cash Disbursements

The purpose of these disbursement guidelines is to ensure that cash is disbursed only upon proper authorization and that the request for payment is supported by the appropriate documentation, for valid business purposes, and properly recorded.

All disbursements must:

  • Provide a direct benefit to an institution
  • Be properly reported and documented for tax purposes
  • Be used in compliance with any donor restrictions

 

Our Vision

Our vision is to attract broad resources that transform the USM and its institutions, create a network of advocates to embrace the USM’s role as an educator and economic engine, and to grow a long-term, sustainable culture of philanthropy across the University System of Maryland.

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