The UConn Foundation is UConn`s an organization that receives and manages University donations. They are a separate entity from UConn and their funds are housed separately from our University Funds. When funds are donated, they are distributed to the corresponding Foundation account that matches the donors purpose. The Foundation also can reinvest the funds to benefit the Universitydonor’s intent.
Funds are managed through the FELIX system where a multitude of accounts are held to promote support various departments, research initiatives, scholarships and fellowships, events, and general expenses for UConn departments at the University. Each Foundation account is set up with a description for has an agreement that is signed and specifically notes how the funds are to be utilized.
Expenses are reimbursed Departments can utilize these funds through UConn systems on department Foundation 6 Ledgers or pay expenses directly through the Foundation. Expenses are paid or reimbursing the 6Ls by the Foundation through the system PaperSave. A Request for Disbursement (RFD) is submitted to reimburse expenses that were allocated to the Department 6 Ledger 6L KFS accounts . With with appropriate backup and justification, the funds are reimbursed by the Foundation accounts.
Below is a table of contents for the Confluence pages on the Foundation.
The Foundation Reference folder houses any tips or policies you may need information on related to the Foundation.
The Foundation How To’s folder houses training pages on various topics related to the Foundation.
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