The Office of Trust Funds is responsible for the administrative oversight of endowment and other investable funds entrusted to the Board of Regents of the UW System. These funds primarily consist of monies that have been gifted directly to a UW institution. The Office reports to and supports the Business and Finance Committee of the Board of Regents, which serves as the ultimate fiduciary and trustee of these investable funds.
The Office of Trust Funds works externally with donors and other related parties, and internally with the benefiting campuses and colleges, to facilitate the receipt and proper use (compliant with donor terms and conditions) of all gifts and bequests. Operationally, the Office is responsible for the deposit of funds, fund- and account-level transaction processing, maintenance of the donor account-level recordkeeping system, and its reconciliation and integration with other accounting systems.
The Office of Trust Funds also works with the Board of Regents, Vice President for Finance, and the UW 403(b) Supplemental Retirement Program Advisory Committee (SRPAC) to provide efficient and high quality record keeping services and investment options to participants in the UW 403(b) Supplemental Retirement Program. For more information on this program, see UW 403(b) Supplemental Retirement Program (SRP).
For a more detailed overview of the Office of Trust Funds and the investment of Trust Funds, see.