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FY25 Total Endowment Market Value

Foundations Accounting and Investments

Megaphone with Nominations speech bubble banner.

Apr 30, 2026

NCSIF 2027 Call for Nominations

The Office of Investments (OOI) will soon begin its annual search for qualified candidates to join the North Carolina State Investment Fund (NCSIF) Investment Committee. Originally piloted in December 2023 under the guidance of the NCSIF Nominating Charter, this structured nominating procedure has now become a cornerstone of our annual operations. This cycle—held every year…
Person holding pen analyzing business report with charts and graphs on desk, wearing red shirt, focused on data review

Apr 30, 2026

Adding Fund Use to WRS

We are excited to announce that Foundations Accounting and Investments (FAI) has rolled out key enhancements to two of our frequently used FAI campus reports. These updates are designed to provide a more comprehensive view of your financial standing by integrating real-time commitment data. What’s New? The Foundation Fund Report and the Endowment Fund –…
New Fundriver Database Platform

Mar 31, 2026

New Fundriver Database Platform

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…
Desktop computer showing Chartfield Request Manual page

Feb 27, 2026

FAI Chartfield Request System Training Manuals

Written by Gerardo Granillo Foundations Accounting and Investments (FAI) is responsible for the approval, setup and maintenance of new foundation and University Endowment Fund projects in the Financial and LOBO systems. LOBO is a donor database maintained by University Advancement Services. The Chartfield Request (accessible through MyPack Portal) should be used to request new projects…
A desktop calendar showing 2027 and blocks spelling "budget"

Feb 1, 2026

NCSIF Endowment Spending and Distribution Policy Updated

Written by Brooke Labashousky. It is that time of year for Foundations Accounting and Investments (FAI) to finalize the next fiscal year’s Endowment Spending Budgets. Units should have or should soon receive communication of their final FY27 Endowment Spending Budgets from the FAI team. The calculation and process for these budgets is managed by the…
A graphic showing spending allocation from endowment principal being blocked from current year spending and being diverted to unused spending.

Dec 16, 2025

Reviewing Unused Spending Balances

Written by Brooke Labashousky. Foundations Accounting and Investments (FAI) leadership will be taking an in-depth look at units’ unused endowment spending balances in the next couple of months. Colleges and units will receive additional communication regarding their unused balances.  In the meantime, FAI encourages all colleges and units to review unused endowment spending balances and…
A chart showing years from 2025 to 2029 with the year 2027 emphasized in red with a red pin stuck in a box next to it

Nov 26, 2025

FY27 Endowment Spending Budget Communications

Written by Brooke Labashousky. Foundations Accounting and Investments (FAI) calculates next year’s spending budgets for endowments held by the foundations and the University Endowment Fund annually and communicates those budgets to the benefiting colleges and units as appropriate. FAI is currently calculating endowment spending budgets for Fiscal Year 2027.  Budgets will be communicated to the…
A desktop calendar with a bell and an alarm clock next to it.

Oct 23, 2025

FAI Holiday Payment Schedule

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…
A business person holding a magnifying glass standing in a book, looking 0.

Sep 23, 2025

FAI Financial Resource Reports

Written by Brooke Labashousky. Foundations Accounting and Investments (FAI) strives to provide exceptional customer service to its internal and external partners. As part of this goal, they provide a range of reporting tools and resources, such as the FAI, Financial Reports. These reports can provide data on deficit balances, unused balances, department ID list, general…
A bar graph showing the 10-year history of NC State's endowment market values and performance

Aug 25, 2025

FY25 Total Endowment Market Value

Written by Brooke Labashousky. NC State’s endowment has reached a record high of $2.54 billion, an increase of $320 million over the prior year. This growth reflects exceptional donor generosity and engagement, as well as strong long-term investment performance. Over the past decade, the endowment has grown by more than $1.54 billion and now provides…