Foundations Accounting and Investments (FAI) has completed the transition to the new Fundriver (Balance by EverTrue) database platform. Fundriver is a reporting tool maintained by FAI and used by NC State personnel to obtain information about endowments, including endowment market values, gift agreements and other fund information. Endowment market values are made available quarterly in Fundriver.

Endowments are invested using a “pooled” concept, which means they are combined with other endowments in an investment pool. Fundriver allows us to allocate investment earnings to individual endowments, a method of unitization similar in concept to a mutual fund.

New Platform

Effective immediately, university employees will access Fundriver through Balance by evertrue. This new platform requires logging in with the Unity ID and password through the NC State Shibboleth single sign-on process. The former Fundriver link is now inactive. Anyone without access to the new platform will need to submit a Fundriver Access Request. 

New Feature

One new feature of the updated platform is the inclusion of a project purpose. While many of the endowments now include this purpose, we are not at 100%. Our goal is to have all projects completed by the end of April 2026. The purpose is being imported from the Financial System and should match the language from the gift agreement or other documentation. If you have any questions about the purpose listed, please contact Michelle Phillips.

Please refer to Fundriver instructions on the FAI website. 

Questions?

Questions regarding Fundriver and its data should be directed to Christopher Lemons.