As a result of the change to EFS, effective July 1, 2008, the last day that the UM Foundation will accept requests for transfers to CUFS is June 12, 2008 (noon). Any request for transfers to the University after June 12 should be submitted on an EFS invoice after July 1.
In EFS, a request for transfer of funds from the University of Minnesota Foundation (UMF) to the University should be submitted by preparing an invoice in the EFS "Create Bills" module (Training for this module is available through Training Services). The EFS invoice should be printed, signed by an authorized signer for the fund and then submitted to UMF for payment. Invoices may be prepared in EFS beginning July 1. The first transfers of cash to the University from UMF under the new system will begin in August 2008.
If you have questions, please call Gracie Davenport at the UM Foundation (612-624-0346).
