Sources of investment funds

The funds for University investments come primarily from a mixture of short-term funds and long-term funds:

Short-term funds

Short-term funds are monies which are earmarked for specific purposes and which are expected to be available either immediately or for use in the near term. They include:

• faculty operating accounts and retain surpluses
• foundation funds
• student fees
• research grant monies
• other grant funds
• consulting and donation account monies
• capital development program funds
• special reserves of colleges
• government money received in advance

Long-term funds

Long-term funds are monies held by the University for the realization of long-term goals, and may be held as investments indefinitely. They include:

• bequests
• endowments
• capital preserved trusts
• foundations
• discretionary capital
• provisions