How Do I Access Funds?
Dollars in Foundation accounts generally should be spent only after they are transferred to a “233” fund at the University. Once deposited into a “233” fund, they are governed by all State of Wisconsin policies regarding expenditures.
The Foundation and the University’s Business Services have created step-by-step instructions for transferring funds from the Foundation to UW “233” account.
Related Questions
Fund “233” accounts are established by RSP as repositories for gift dollars. “133” accounts will be established for non-federal sponsored projects.
RSP sets up a “233” account if the terms of the gift require one.
A check request initiates the process.
To save administrative time and paperwork, the University requests that you anticipate quarterly expenses and make transfers no more frequently than every quarter.
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