When planning for FY09 and FY10 distributions, use the same distribution amounts as FY08 for stable endowments. Foundation endowments usually have more fluctuations in principal value than do University endowments, due to contributions, transfers in, distributions to spending accounts. So Foundation endowments need to be reviewed more closely when making projections.
If you have further questions about status of EFS related to endowments, contact Rose Pederson (6-7611, r-kerb@umn.edu.)
