Finance News

Nov 20, 2023

Endowment Spending Budget Calculation and Communication

Written by Erin Delehanty. This month’s Finance Division Knowledge Base spotlight is on how endowment spending budgets are calculated. Foundations Accounting & Investments (FAI) calculates 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…

Nov 20, 2023

Landfill Diversion – Sustainability Annual Report

Written by Bill Carlson. Recycle, Repurpose, Reuse Every day, the Materials Support (MS) team drives around campus picking up surplus items released by departments who no longer have a business use for them. The MS team takes these items to the Materials Support Warehouse for processing. Some of the items are tagged and prepared to be…

Nov 20, 2023

Foundations Holiday Payment Request Schedule

Written by Erin Delehanty. Foundations Accounting & Investments (FAI) processes payments greater than $5,000 on a weekly basis from Foundation projects. Occasionally, university holiday closures require a modification to the regular payment processing schedule. In general, payments less than $5,000 from foundation accounts can and should be processed through the university’s established processes and systems,…

Nov 20, 2023

Congratulations, Bill Carlson!

Written by Sharon Loosman. Earlier this year, we shared the exciting news that Bill Carson, Assistant Director for Materials Support, had been nominated and then selected to receive the NC State University Awards for Excellence in the Public Service category. This recognition was for his work with Support U.S. Armed Forces (SUSAF), a non-profit organization…

Oct 19, 2023

Holiday Schedule

Written by Tabitha Groelle. As we get closer to the end of 2023, employees are reminded of the University holidays and closing dates: Employees must use personal leave for Friday, December 22. Please refer to the University Official Holidays and Closings for full details.

Oct 19, 2023

An Overview of Cost Share

Written by Justo Torres, Director, Contracts and Grants. “Cost sharing” refers to the portion of the total sponsored project costs that are not paid by the sponsoring agency. “Matching” is another commonly used term. There are primarily three types of cost sharing that may occur on sponsored projects: mandatory cost sharing, voluntary committed cost sharing…

Oct 19, 2023

Community Connections through the Cashier’s Staff Meeting

Written by Mia Pollard. The October staff meeting for the University Cashier’s Office (UCO) focused largely on getting to know each other as coworkers and learning how to better support ourselves, our students and each other in times of high stress and/or crisis.  Our meeting began with an icebreaker to connect colleagues who may not…

Oct 19, 2023

WolfCopy Refresh

Written by Joel Bristol. WolfPrint is a managed print services program geared specifically towards serving the NC State students.WolfPrint multifunctional printers (MFPs) are conveniently located in residence halls, student centers, classroom buildings and libraries. Over the past five years, the WolfPrint program has invested in cutting edge technology making it possible for NC State students,…

Oct 19, 2023

Tuition Waiver Guidance for Employees

Written by Mia Pollard. This month’s Finance Division Knowledge Base spotlight is on the Tuition Waiver Program.   The Tuition Waiver Program provides an opportunity for eligible staff and faculty to have tuition waived for courses taken at University of North Carolina System Institutions. Eligible full-time faculty and staff at NC State can waive tuition for…

Oct 19, 2023

How much can I award?

Written by Erin Delehanty. How do I know how much can be awarded from an endowment in the upcoming academic year? When determining how much can be awarded from a specific endowment, it is important to consider a few important facts and know how to use some important tools. Facts to Consider How do I…