Written by Brooke Labashousky.

On a weekly basis, Foundations Accounting and Investments (FAI) processes payments greater than $5,000 from Foundation projects and various LLC expenditures.

Generally, FAI must receive a completed Payment Request Form by Tuesday at 4 p.m. each week in order to be processed, signed and ready for release on Friday of that week.

Occasionally, holiday schedules necessitate a change to the regular schedule for payment requests and check/ACH processing. Below is the modified holiday schedule for the 2025 Thanksgiving and Winter Break holidays.

Thanksgiving: November 24 – 28, 2025

1. FAI is not processing manual payments the week of Thanksgiving. 
2. The deadline for manual payment requests to be processed prior to Thanksgiving is Tuesday, November 18, at 4 p.m. 
3. Payment requests received by this deadline will be ready for release on Friday, November 21.
4. Payment requests received after the November 18 deadline will be processed the week after Thanksgiving and ready for release on Friday, December 5. 

Winter Break: December 24, 2025 – January 2, 2026

1. The deadline for manual payment requests to be processed prior to Winter Break is Tuesday, December 16, at 4 p.m. 
2. Payment requests received by this deadline will be ready for release on Friday, December 19.
3. Payment requests received after the 12/16 deadline will be processed when the university reopens the first week of January and will be ready for release on Friday, January 9.

Additional information about FAI’s payment request process, including the payment request form, can be viewed on the Payment Request page of FAI’s website.