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The University of Iowa

Grant Accounting Office

Departments

  • Accounting & Financial Reporting
  • Capital Assets Management
  • Financial Analysis
  • Grant Accounting
  • Tax Office

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  1. Controller's Office
  2. » Grant Accounting Office
  3. » Gifts

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 a UI Foundation account?
  • How do I move the gift funds from the UI Foundation 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, 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?

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    • Institutional Accounts (IACTs)
    • Gift FAQs
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Grant Accounting Office
Grant Accounting Office, 2410 UCC
201 S Clinton St, Iowa City , IA 52242-4034
Ph: (319) 335-3801
Fax: (319) 335-0674
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