Administrator Training: Spendable Income and Spendable Income Carryover Calculation

We will review our Spendable Income policy and walk you through the calculations we do each year to determine the Spendable income and Spendable Income carryover for your USM Foundation endowment accounts.

Other upcoming sessions in this remote training series include:

August 20: Grant Administration

September 17: Endowment Earning and Fee Allocations

October 15: Disbursement Policies

November 19: Revenue Policies & Procedures

December 17: Responsibilities of the USM Foundation Board of Directors

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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