What do I need to consider when setting up a gift account for the University of Iowa Center for Advancement (UICA) account?

If the gift funds are coming from the UICA and donor intent includes specific restrictions related to the use of funds, then a unique account should be established.  If the donor intent is less specific, then a University of Iowa (UI) account should be established that identifies the general purpose and/or discretionary nature; if there are multiple UICA accounts with similar intent, they could all use the same UI account. 

When unique UI accounts are established for UICA accounts, then the UI account will "mirror" the UICA account by replacing the leading "3" from the UICA account with an "8" as the identifier in the UI grant program number.

Last updated: 12/19/2022