Published on Grant Accounting Office (https://gao.fo.uiowa.edu)

Home > What Institutional Accounts (IACTs) initiate the gift fee?

What Institutional Accounts (IACTs) initiate the gift fee? [1]

Gift fees are assessed for any gifts deposited directly to the university that use IACTs 4067, 4068, 4070, 4071, 4072 and 4073.

As a reminder, assigning an IACT to avoid the gift fee is not appropriate and would not accurately identify the proceeds in the university accounting system.


Source URL: https://gao.fo.uiowa.edu/what-institutional-accounts-iacts-initiate-gift-fee

Links:
[1] https://gao.fo.uiowa.edu/what-institutional-accounts-iacts-initiate-gift-fee