When an organization's endowments are unitized, there are two general approaches for handling distributions: 1) the distributions can impact the number of units or 2) the distributions can impact unit price. As you can see in the data below, which represents the practices of 204 current Fundriver clients, the size of the organization's endowment often plays a part in which method they choose. Very few client organizations with endowments lower than $100 million choose to have their distributions impact unit price. At the $500 million level, more institutions choose to have distributions impact unit price than impact units.
Articles in this section
- Fundriver Client Data: Spending
- Fundriver Client Data: Distributions
- Fundriver Client Data: Number of Years Used for Average Spending Rules
- Managing Endowment Funds Under NYPMIFA
- Considerations when changing posting frequency in Fundriver
- How do PERCENT AVERAGE spending calculations work in Fundriver?
- CPI Adjustment
- How does unitization work in Fundriver?
- Setting up Loans Against the Endowment in Fundriver without the Manager Module
- Setting up Loans Against the Endowment in Fundriver with the Manager Module