There was a misprint in the meeting agenda sent this afternoon. Item #2 on the agenda should read: CLA Audit - Ed Clark, Director, CLA OIT.
March 7, 2010 - March 13, 2010 Archives
Endowment payout for both the UM Foundation and UM Treasury Accounting endowments is calculated by multiplying 4.5% by the average past 20 qtr endowment value. For units with many endowments, this is a time intensive task. Thus, the rule above will provide a reasonable payout projection. However, consideration should be paid to individual endowments with a lot of activity (including but not limited to large new gifts or disbursements) or that were recently created (during and since FY08).
Some background information: As a whole, endowment values decreased nearly 30% during FY08 and FY09 depending on the particular endowment. Endowment values gained during FY04-07 an average of 10% each year. Values have experienced modest increases during the first two quarters of FY10.
If you have further questions about endowment projections, contact your senior accountant on your financial service team.
Thursday, March 18
9:00 - 10:30 a.m.
1210 Heller Hall
Access Google-powered apps from your University of Minnesota account!
Through a partnership with Google, University of Minnesota students, faculty, and staff can access a suite of Google-powered communication and collaboration tools designed to enhance our ability to work together. The suite includes email, calendar, document sharing,
instant messaging, and website publishing tools.
Join Jamey Hansen and Karen Swoverland, from CLA-OIT, for a special discussion forum. Share your thoughts on and ask questions about the Google initiative.
Submit unit merit evaluation on the projects-drive, in the "2009-2010" folder, labeled "Unit merit evaluation."
Annual Review of Chairs/Directors - 26 March 2010
Chairs/Directors materials include: self-evaluation, unit evaluation of Chair/Director, faculty activity reports, and curricula vitae. Submit all documents electronically, on the "projects" drive as separate pdf files, in the "2009-2010" folder. Please label each pdf file with the Chair's/Director's last name and appropriate descriptor (self eval, unit eval, FAR, CV). Contact Gayle Gabrielski with questions.
CLA NOW Meeting, 9:00 a.m., Minnesota Population Center Seminar Room (50 Willey Hall - west bank)
Unit Merit Evaluation of Faculty (narrative report) due to CLA Office of Faculty.
CLA NOW Forum on Google Apps & Mail, 9:00 a.m., 1210 Heller Hall
Annual Review of Chairs/Directors due to CLA Office of Faculty
Motley Award Dossiers and 9 copies due in 113 Johnston Hall