Fiscal Operations Manual
Section 200: Revenue (Internal)
Effective: 01/01/2003
Revised: 07/01/2007

An endowment is an amount of money given to the university with a stipulation that the funds are invested and the principle amount is not spent.   OSU endowments are managed by the Oregon University System and invested.  The earnings are posted monthly to an endowment earnings fund which is held separate from the endowment principle fund.  Only the earnings fund can be expended.