TIP -- June 30 2009

TIP (Temporary Investment Pool) charges of 8% will be assessed on 6/30/09 deficit balances of more than $15,000 at the Fund-DeptId level.

If you need to invoice the Foundation to cover deficits, the UM Foundation deadline is noon on Friday, June 12. Signed invoices must be received via fax (5-4305) at the Foundation by noon. However, submit invoices as early as possible to avoid delayed processing and in the event of errors that may need correction. Contact Rose Pederson (6-7611, r-kerb@umn.edu) for questions related to TIP and for UM Foundation invoicing questions.

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This page contains a single entry by ludow006 published on June 10, 2009 10:25 AM.

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