Gift FAQs

I received funding for my research, can it be deposited into a gift account?
What can gift funds be used for?
What is Donor Intent?
Where do I find the Donor Intent?
What cannot be deposited into a gift account?
What do I need to consider when setting up a gift account?
What do I need to consider when setting up a gift account for the University of Iowa Center for Advancement (UICA) account?
How do I move the gift funds from the the University of Iowa Center for Advancement (UICA) to my UI Fund 520?
What is the difference between a Fund 520 and a Fund 525 account? Which one should I set up?
How do I set up a gift account?
Which function should I use when setting up a new gift account?
How can capital expenditures be processed through gift accounts?
Are there any other UI Affiliated Organizations that accept gifts?
What is the gift fee and when is it assessed?
What Institutional Accounts (IACTs) initiate the gift fee?
How are Gift Fees removed if deposit is in error?
How should I manage my gift account?
Who can access gift account transactions that post to the UI General Ledger?
When I receive a gift directly at the University of Iowa, do I need to acknowledge it?
What is an Honorarium?
How do you get an Honorarium?
Can I deposit an Honorarium into a gift account?
Can gift funds be used to purchase alcohol?
Can I transfer funds between accounts?
Can I deposit money from other UI sources into a gift account?
Can I give gift funds to another department?
How do I close a gift account?
What is the University of Iowa Center for Advancement (UICA)?