1. Columbia University Endowment Decapitalization Process
High-Level Overview
If endowment was created with donor funds
Reviews Restrictions of Funds
If compliant, s School w/approval
A complete endowment decapitalization package contains:
Endowment Decapitalization Form
Form Letter requesting Decap (available on website)
Terms of the Fund
approval from OGC (contact Laurie McFadden)
General Counsel
Prepares endowment decap materials
School finalizes decap form ; sends complete endowment decap package
Receives Confirmation
School
If endowment was not created with donor funds
Receives endowment decap package
Reviews and approves request
Confirms completion
Controller – Endowment Admin
Controller – Financial Reporting & Operations
Copy of signed endowment decap form, and letter
Decap is processed