Fund

Chart of Accounts Manual

Description

The Fund ChartField answers the question: “What broad restrictions or reporting requirements have been imposed on these funds?”

  • Fund values are always required on transactions.
  • Fund values consist of four numeric characters.

Fund accounting classifies resources for accounting and reporting purposes in accordance with regulations, restrictions, or limitations imposed by donors, parties outside of the University, or the Board of Regents.

A fund is an accounting entity with self-balancing sets of accounts that record cash and other financial resources (assets), with related liabilities, fund equity (net assets) and other corresponding changes.

The University’s funds are generally grouped as follows:

Current Unrestricted Funds 1000-1499 (no values 1200-1499)
Current Restricted Funds 1030, 1500-3999
Loan Funds 5000-5999
Investment Pool Funds 6000-6009
Endowments & Similar Funds 6010-6999
Plant Funds 7000-7999
Agency Funds 9000-9999

A sortable list of the Fund codes is available at the end of this page, click here to jump to that section of the page.

Group Category Class
Current Unrestricted Funds Centrally Allocated Funds State Appropriations and Fees
Self-Supporting/Self-Sustaining Auxiliaries
Internal Sales
Other Unrestricted Funds (includes ICR)
Current Restricted Funds Nonsponsored Centrally Allocated Funds Restricted State Specials
Nonsponsored Self-Supporting/
Self-Sustaining Funds
Federal Appropriations
Other Restricted Nonsponsored Nonsponsored Business & Industry
Nonsponsored Foundations
Nonsponsored Federal
Nonsponsored Other Government
Nonsponsored State of Minnesota
Nonsponsored Other Restricted
Sponsored Funds Sponsored Business & Industry
Sponsored Foundations
Sponsored Federal
Sponsored Other Government
Sponsored State of Minnesota
Sponsored Other
Loan Funds   US Government Grants / Other Loans
Restricted Loans
Unrestricted Loans
Investment Pool Funds   Group Income Pool (GIP) Control
Consolidated Endowment Fund (CEF) Control
Temporary Investment Pool (TIP) Control
Endowment & Similar Funds   Endowments
Plant Funds Unrestricted Plant Funds Plant General Operations and Maintenance
Plant General Obligation Bonds
Plant Auxiliaries
Plant Commercial Paper
Special Purpose Debt Internal Loans
Clean Renewable Energy Bond (CREB)
Other Plant Unrestricted
Restricted Plant Funds Bond Sinking Funds
Equipment Replacement
State Capital Appropriations
Infrastructure Development Bonds
Plant Other State Funds
Plant Other Restricted
Plant Foundation
Plant Federal Government
Plant Other Goverment
Plant Business and Industry
Plant Funds Invested in Capital Assets Invested in Capital Assets, Net or Related Debt
Agency Funds   Agency

 

A sortable list of the Fund codes is available at the end of this page, click here to jump to that section of the page.

Fund trees

Fund trees are used to facilitate reporting and validate ChartStrings. Fund trees include:

  • UM_CYFWD_FUNDS  – identifies Funds used in carryforward balance calculations
  • UM_FUND_CATEGORY – sorts Fund values by Fund Category
  • UM_FUND_CLASS – sorts Fund values by Fund Class
  • UM_FUND_GROUP – sorts Fund values by Fund Group
  • UM_FUND_NETASSETS – sorts Fund values into groups to facilitate closing process

Group and Class Descriptions

Funds are organized hierarchically into groups, categories, and classes, with group being the highest level.

1. Fund Group: Current Unrestricted Funds

Current unrestricted funds are expendable for any purpose in performing the primary objectives of the institution. These funds have no constraints imposed by external creditors, grantors, contributors, or laws or regulations of government. While it is necessary to abide by constraints that are imposed by University management and the Board of Regents, these are internally imposed and, therefore, they do not meet the accounting definition of ‘restricted.’

A. Fund Category: Centrally Allocated Funds

Funds allocated by the Board of Regents, which may be further distributed to a unit or department by a central, college, or administrative office.

Fund Class: State Appropriations, Tuition and Fees

Appropriations made available to the University by legislative acts of the State of Minnesota for general operations and maintenance purposes; tuition and the University fee.

Fund Long Description Short Description
1000 State Appr and Tuition UMTuition

B. Fund Category: Self-Supporting/Self-Sustaining Funds

Funds in which expenditures are supported by revenues earned primarily by external sale of goods or services.

Fund Class: Auxiliaries

University units that are essentially self-supporting, that provide goods and services on a regular and continuing basis primarily to individuals in the University community (students, staff, etc.). An auxiliary enterprise may receive incidental income from the general public.

Fund Long Description Short Description
1100 Auxiliary Services AuxSvcs
Fund Class: Internal Sales

Funds received through the internal sale of goods or services provided to other University departments. (Organizations using University Agency Funds are considered external to the University.)

Fund Long Description Short Description
1150 Recharged Internal Revenue IntRvRchrg
1151 Specialized Srvc Internal Revenue IntRvSpSvc
Fund Class: Other Unrestricted Funds

Other sources of funds where no constraints are imposed on the University by external creditors, grantors, contributors, or laws or regulations of other governments.

Fund Long Description Short Description
1020 UMHC Other Unrestricted UMHCOth
1023 Clinical Services Clinical
1024 Indirect Cost Recovery ICR
1025 Uncollectible Costs Sponsored UncollSpon
1026 Other Unrestricted OtherUnres
1027 Central Reserves CntrlRsrvs
1028 Quasi-Unrest Endow Target QU Endow

2. Fund Group: Current Restricted Funds

Restricted current funds are expendable for current operating purposes, but have constraints imposed by external creditors, grantors, contributors, or laws or regulations of government, as to the specific purpose for which they may be expended. The University is obligated to use these funds in accordance with the purpose established by the external party.

Current restricted funds may be either Nonsponsored or Sponsored.

NOTE: Nonsponsored restricted funds are administered by Accounting Services.

A. Fund Category: Nonsponsored Centrally Allocated Funds

Funds allocated by the Board of Regents, which may be further distributed to a unit or department by a central, college, or administrative office.

Fund Class: Restricted State Specials

Amounts made available to the University of Minnesota by legislative acts of the State of Minnesota. These appropriations are restricted in that the state imposes limitations on the use of the funding: Agriculture; Health Science; Technology; Tobacco; Miscellaneous; MN Care.

Fund Long Description Short Description
1801 State Special – System RSSSystem
1802 State Special – Agriculture RSSAgricul
1803 State Special – Health Science RSSHealth
1804 State Special – Technology RSSTech
1805 State Special – Tobacco RSSTobacco
1806 State Special – Miscellaneous RSSMisc
1807 State Special – MN Care RSSMNCare
Fund Class: Nonsponsored State of Minnesota

 

Fund Long Description Short Description
1613 ARRA State of MN Passthrough ARRAMNPass
1614 ARRA Govt Svcs St MN Passthrgh ARRAGovSvc

B. Fund Category: Nonsponsored Self-Supporting/Self-Sustaining Funds

Funds in which expenditures are supported by federal appropriations.

Fund Class: Federal Appropriations

Funding made available to the University of Minnesota by legislative acts of the federal government, excluding federal government grants and contracts.

Fund Long Description Short Description
1901 Hatch Funds Hatch
1902 Mcintire-Stennis Fund McIntire
1903 Animal Health/Dis Vet Med AnHlthCVM
1904 Animal Health/Dis Ag Exp AnHlthAES
1905 MultiState Research Funds MRFAES
1907 Smith Lever Formula Funds SLFormula
1908 Smith Lever CSRS SLCSRS
1909 Smith Lever 4-H Extension SL4HExt
1910 Smith Lever EFNEP SLEFNEP
1911 Smith Lever Rural Develop SLRurDev
1912 Renewable Resource Program RenewRsrc
1913 Smith Lever Part Time Farm SLPtFarm
1914 EPA Pesticide Safety Ed Prg EPAPSEP
1915 Smith Lever Integrated Pest Mgmt SLPstMgm
1916 Smith Lever FERS SLFERS

C. Fund Category: Other Restricted Nonsponsored

Nonsponsored restricted funding received from external entities which are not administered by SPA.

Fund Class: Nonsponsored Business & Industry

Fund Long Description Short Description
1780 Business and Industry BusIndNonS
Fund Class: Nonsponsored Foundations

Fund Long Description Short Description
1700 Foundations – Other
FdnOther
1701 U of M Foundation UMF
1702 MN Medical Foundation MMF
1703 MN Arboretum Foundation Arboretum
1704 UM Alumni Association UMAlumni
1705 MN 4-H Foundation MN4HFdn
Fund Class: Nonsponsored Federal

Fund Long Description Short Description
1500 UMC – Federal Work Study UMCFedWS
1501 UMD – Federal Work Study UMDFedWS
1502 UMM – Federal Work Study UMMFedWS
1503 UMR – Federal Work Study UMRFedWS
1504 UMT – Federal Work Study UMTFedWS
1510 UMC – Pell Grants UMCPell
1511 UMD – Pell Grants UMDPell
1512 UMM – Pell Grants UMMPell
1513 UMR – Pell Grants UMRPell
1514 UMT – Pell Grants UMTPell
1520 UMC – SEOG Grants UMCSEOG
1521 UMD – SEOG Grants UMDSEOG
1522 UMM – SEOG Grants UMMSEOG
1523 UMR – SEOG Grants UMRSEOG
1524 UMT – SEOG Grants UMTSEOG
1530 Federal Agencies – LOC FedAgyLOC
1531 Federal Agencies – Non-LOC
FedAgNoLOC
1532 National Science Foundation NSF
Fund Class: Nonsponsored Other Government

Fund Long Description Short Description
1730 Local Governments LocalGvNon
1731 Foreign Governments ForgnGvNon
Fund Class: nonsponsored state of Minnesota

Fund Long Description Short Description
1600 UMC – State Work Study UMCStateWS
1601 UMD – State Work Study UMDStateWS
1602 UMM – State Work Study UMMStateWS
1603 UMR – State Work Study UMRStateWS
1604 UMT – State Work Study UMTStateWS
1610 State of Minnesota – NonSpon MNNonSpons
1611 State of Minnesota Passthrough MNPassThr
1612 Joint Programs – MNSCU MNSCUProg
Fund Class: Nonsponsored Other Restricted

Fund Long Description Short Description
1030 Private Practice PrivPract
1750 Endowment Target EndowTgt
1751 Individuals and Others Ind/Other
1752 UofM,Mayo,Biotech Prtnrshp MayoBiotec
1754 U Gateway Corporation Gateway

D. Fund Category: sponsored funds

Sponsored funds are external funds provided through a grant, contract or cooperative agreement for research, training, and other public service activities that are administered by the Office of Sponsored Project Administration (SPA). All sponsored funds are restricted and are generally governed by specific terms and conditions and subject to special reporting and invoicing procedures.

Fund Class: Sponsored Business & Industry

Fund Long Description Short Description
3000 Business and Industry – Spons BusIndSpon
3010 Spon Bus & Ind – Fed Pass Thru BIFdPsThru
Fund Class: Sponsored Foundations

Fund Long Description Short Description
3001 Foundations – Sponsored FdnSpon
3011 Spon Foundation-Fed Pass Thru FdnFdPsThr
Fund Class: Sponsored Federal

Fund Long Description Short Description
3002 Federal Government – Sponsored FedGovSpon
Fund Class: Sponsored Other Government

Fund Long Description Short Description
3003 Local Government – Sponsored LocalGovSp
3004 Foreign Government – Sponsored ForgnGovSp
3012 Spon Other Gov-Fed Pass Thru OGvFdPsThr
Fund Class: Sponsored State of Minnesota

Fund Long Description Short Description
3005 State of Minnesota – Sponsored MNSpons
3013 Spon State of MN-Fed Pass Thru MnFdPsThr
3015 Spons-St of MN - Multi Yr Approp MnAppSpMY
3016 Spons-St of MN - GenFund FY App MnAppSpFY
Fund Class: Sponsored Other

Fund Long Description Short Description
3006 Other Private – Sponsored OthPrivSp
3014 Spon Other – Fed Pass Thru OthFdPsThr

3. Fund Group: Loan Funds

Loan funds consist primarily of loans to students, and the resources available for such purposes, including funding available from the federal government, the State of Minnesota, private donors, and other sources. Loan funds may be restricted or unrestricted, depending on the source of the funding.

Loan funds are primarily used by the University’s financial aid offices and Accounting Services. Other users of these funds should reference University policy or contact one of these offices for guidance.

Fund Class: US Govt Grants/Other Loans

Loan activity related to funding offered by the Department of Education for the Perkins loan program, or loan activity related to funding offered by the Department of Health and Human Services for health-related loan programs such as pharmacy, medicine, dentistry, nursing and veterinary medicine.


Fund Long Description Short Description
5000 UMC – Nat Direct Stdt Loan UMCNDSL
5001 UMC – Perkins UMCPerkins
5100 UMD – Nat Direct Student Loan UMDNDSL
5101

UMD – Perkins

UMDPerkins
5120 UMD – Hlth Prof Std Loan-Medical UMDHPMed
5121 UMD – Primary Care Loan UMDPCL
5200 UMM – Nat Direct Student Loan UMMNDSL
5201 UMM – Perkins UMMPerkins
5400 UMT – Nat Direct Student Loan UMTNDSL
5401 UMT – Perkins UMTPerkins
5420 UMT – Hlth Prof Stdt Loan-Med UMTHPMed
5421 UMT – Htlh Prof Stdt Loan-Dental UMTHPDntl
5422 UMT – Hlth Prof Stdt Loan-VetMed UMTHPVetMd
5423 UMT – Disadvantage Std Loan-Vmed UMTDisVtMd
5424 UMT – Hlth Prof Stdt Loan-Pharm UMTHPPharm
5425 UMT – Nursing Student Loan-BA UMTNursBA
5426 UMT – Nursing Student Loan-Grad UMTNursGr
5427 UMT – DisadvantagedStdt Loan-Med UMTDisMed
5428 UMT – Disadvantaged Stdt-Pharm UMTDisPhr
5429 UMT – Primary Care Loan-Medical UMTPCLMed
5430 UMT – Nurse Faculty Loan Program UMTNFLP
5431 UMT – Nurse Faculty Loan ARRA UMTNFLARRA
Fund Class: Restricted Loans

Loans that are restricted by donors or other outside entities as to the specific purpose for which they may be expended, and which ultimately may or may not be refunded to the resource provider.

Fund Long Description Short Description
5020 UMC – Univ Trust Fund Loans Res UMCUTFLR
5140 UMD – Univ Trust Fund Loans-Res UMDUTFLR
5141 UMD – Administrative Fund UMDAdmin
5142 UMD – Stu Emergency Loan UMDStdEmrg
5143 UMD – Student Loan Fund UMDStdtLn
5144 UMD – Veterans Emergency Loan UMDVetEmrg
5145 UMD – Dr Doolittle Mem Loan UMDDrDolit
5146 UMD – Engrs Club Emerg Loan
UMDEngrEmr
5147 UMD – Elec Wkrs and Cntract Loan
UMDElecWkr
5148 UMD – Ezra Pieper Emergency Loan
UMDPieperEm
5149 UMD – Gifillan Trust Loan
UMDGifilTr
5150 UMD – Gm Segel Mem Loan UMDSegel
5151 UMD – Ha Stueland Mem Loan Fd UMDStuelan
5152 UMD – Ordean Fnd Loan Fund UMDOrdean
5220 UMM – Univ Trust Fund Loans-Res UMMUTFLR
5221 UMM – Emergency Student Loans UMMStdEmrg
5222 UMM – Foreign Student Loan Fund UMMForStdt
5550 UMT – Administrative Fund UMTAdmin
5600 UMT – UTSL – Nonrefundable UMTUTSLNon
5950 UMT – Cosmopolitan Club Loan UMTCosmo
5951 UMT – John Junell Stdt Loan UMTJunell
5952 UMT – Minnesota Union Loan UMTMNUnion
5953 UMT – Fac Womens Club Emerg Loan UMTWomClEm
5954 UMT – Charlotte Winchell Em Loan UMTWinchel
5955 UMT – Minnesota Alumni Club UMTMNAlum
Fund Class: Unrestricted Loans

These are student loans that are not restricted by donors or other outside entities as to the specific purpose for which they may be used.

Fund Long Description Short Description
5050 UMC – Univ Trust Fund Loans Unres UMCUTFLUR
5180 UMD – Univ Trust Fund Loan-Unres UMDUTFLUR
5181 UMD – Employee Stdt Loan UMDEmplStd
5182 UMD – Staff Employee Emrgcy Loan UMDStafEmr
5250 UMM – Federal Insured Stdt Loan UMMFedInsr
5251 UMM – Univ Trust Fund Loan-Unres UMMUTFLUR
5972 UMT – Student Loan Bad Debt UMTStLnBDb

4. Fund Group: Investment Pool Funds

Investment Pool Funds are central funds that track investment activity and are primarily used by the University’s Office of Investments and Banking and Accounting Services. Other users of these funds should contact one of these offices for guidance.

Fund Class: Group Income Pool (GIP) Control

Group Income Pool (GIP) represents the financial assets held as long-term reserves by various operating units of the University. These long-term reserves are primarily used to fund expenditures not budgeted to be spent for three years or more. The primary investment objective of GIP is to maximize income while preserving capital balances until such time as the principal is required to fund the intended use.

Fund Long Description Short Description
6003 Group Income Fund GroupInc
Fund Class: Consolidated Endowment Fund (CEF) Control

This class is comprised of a pool of endowments from both public and private sources. Endowments have the longest investment timelines. Funds should be invested in CEF when principal appreciation is the main goal and funds will not be expended for a minimum of three years. The accounting for CEF is done on a unitized market value basis. Investments are exposed to market fluctuations and the value of individual endowments is adjusted on a monthly basis.

Fund Long Description Short Description
6004 Consolidated Endowment ConsEndow
Fund Class: Temporary Investment Pool (TIP) Control

The Temporary Investment Pool is invested to meet the current obligations of the University. The investment objective for the TIP is to maximize current income while preserving principal and maintaining liquidity. The pool is invested primarily in commercial paper, money market funds, corporate obligations, and U.S. government and agency securities within the credit quality and term constraints of the portfolio. Net activity is reclassified to Current Unrestricted Funds when financial statements are prepared.

Fund Long Description Short Description
6007 TIP Control TIPControl

5. Fund Group: Endowment and Similar Funds

Funds received from a donor or other outside entity in an agreement which, as a condition of the gift, generally stipulates that the principal is to be maintained untouched and in perpetuity and invested for the purpose of producing present and future income which may either be expended or added to principal.

Fund Class: Endowments

Fund Long Description Short Description
6010 Restr–Expendable Life Inc RestExpLif
6030 Quasi Restricted QuasiRestr
6040 Separate Invst Funds–Quasi Res SIF-QuasiR
6041 Separat Invst Funds–Quasi UnRes SIF-QuasUn
6042 Separat Invst Funds–True Endow SIF-TrueEn
6050 Term Endowments TermEndow
6090 Restricted-Expendable True End
RestExpTrE
6100 Restr-Nonexpendable True Endow
RestNExTrE
6110 Restr-Nonexpendable Life Inc RestNExLif
6200 Quasi-Unrestricted QuasiUnres

6. Fund Group: Plant Funds

Plant funds are used to record acquisition or construction of physical assets that meet the University’s policy for capitalization, renewal and replacement of such assets, debt service related to University property, and the investment in physical assets, net of accumulated depreciation.

A. Fund Category: Unrestricted Plant funds

These funds are resources that are expendable for any of the following purposes: construction or acquisition of physical properties, renewals and replacements of physical properties, and retirement of indebtedness.

Fund Class: Plant General Operations and Maintenance

Funding made available to the University by the State of Minnesota that is expendable for construction or acquisition of physical properties, renewals and replacements of physical properties, and retirement of indebtedness.

Fund Long Description Short Description
7400 Facilities Ops and Maint
FacilO&M
7401 O&M Renewal and Replacement O&MRenew
Fund Class: Plant General Obligation Bonds

General obligation debt securities to provide funds for certain approved capital projects and costs of issuance. All general obligation bonds are secured by the full faith and credit of the University and subject to mandatory sinking fund requirements set forth in the prospectuses.

Fund Long Description Short Description
7100 1996A Gen Obl Bonds
1996ABond
7101 1999A Gen Obl Bonds
1999ABond
7102 2001A Gen Obl Bonds
2001ABond
7103 2001B Gen Obl Bonds
2001BBond
7104 2001C Gen Obl Bonds
2001CBond
7105 2003A Gen Obl Bonds
2003ABond
7106 2004A Gen Obl Bonds
2004ABond
7111 2009C General Obligation Bonds
2009CGOB
7112 2009B Gen Obligtn Taxable Bonds
2009BGOTB
7113 2009D Taxable Gen Oblig Bonds-BAB
2009DGOB
7114 2009 Special Purp Revenu Bonds
2009SPRB
7115 2009A General Obligation Bonds
2009AGOB
7120 2010C General Obligation Bonds
2010CGOB
7121 2010D Gen Oblig Bonds-BAB
2010DGOB
7123 2010B Biomed Gen Oblig Bonds
2010BBGOB
7124 2011A General Obligation Bonds
2011AGOB
7126 2011C Biomed Gen OblTaxableBnd
2011CBGOTB
7127 2011D General Obligation Bonds 2011DGOB
7128 2013A General Obligation Bonds 2013AGOB
7129 2013B General Obligation Bonds 2013B GOTB
7131 2013D Biomed General Obligation Bonds 2013DBGOB
7132 2014A General Obligation Bonds 2014AGOB
Fund Class: Plant Auxiliaries

Used by auxiliary units that provide goods and services on a regular and continuing basis primarily to individuals in the University community for replacement of capital equipment, buildings, major capitalizable maintenance and other ‘plant’ purposes.

Fund Long Description Short Description
7300 Plant Funds – Auxiliaries
PlantAux
7301 Auxiliary Debt Service AuxDebtSvc
Fund Class: Plant Commercial Paper

Fund Long Description Short Description
7107 CP Notes Series A
CPSeriesA
7109 CP Notes Series B
CPSeriesB
7110 CP Notes Series C
CPSeriesC
7119 CP Notes Series 2009D CPSerie09D
Fund Class: Special Purpose Debt

Fund Long Description Short Description
7108 2006 Spec Purp Rev Bonds
2006SpRvBd
7122 2010A Biomed Spec Purp Rev Bnd
2010ASPRB
7125 2011B Biomed Spec Purp Rev Bnd 2011BSPRB
7130 2013C Biomed Spec Purp Rev Bond 2013CSPRB
Fund Class: Internal Loans

Funds loaned by the Office of the Treasurer to departments within the University, primarily for capital improvements. The terms and conditions of each loan are disclosed in the loan agreement letter between the department and the Office of the Treasurer.

Fund Long Description Short Description
7450 Internal Loans IntLoan
Fund Class: Clean Renewable Energy Bond (CREB)

Clean Renewable Energy Bonds (CREBs) are external bonds issued by the federal government to be used for capital expenditures incurred by qualified owners, including governmental bodies, for one or more qualified renewable energy facilities. The benefit of the CREB program is that public entities receive the bonds at “zero” percent interest. The revenue or cost savings from the renewable electricity systems are utilized to pay off the bonds.

Fund Long Description Short Description
7116 CREB 2d Wind Turbine Generator CREB2dWind
7117 CREB 3d Wind Turbine Generator CREB3dWind
7118 CREB Facility Improvement Meas CREBFacil
Fund Class: Other Plant Unrestricted

Unrestricted plant fund activity that is not more appropriately classified to the other fund groups mentioned in this section. Examples include equipment replacement reserves and the purchase of equipment supporting internal sales activity.

Fund Long Description Short Description
7135 2015A SpecPurpRevBonds 2015ASPRB
7136 2015B Taxable Gen Oblig Bonds 2015BGOB
7137 2016A Gen Oblig Bonds 2016AGOB
7200 Unrest Renewal and Replacement
UnrestRenew
7201 Internal Sale Capital Purchase ISCapital
7202 Plant Funds – Other PlantOth
7203 Plant Funds – Central PlantCtrl

B. Fund Category: Restricted Plant Funds

Restricted Plant Funds are resources expendable for construction or acquisition of physical properties, renewals and replacements of physical properties, and retirement of indebtedness, upon which constraints have been imposed by external creditors, grantors, contributors, or governments.

Fund Class: Bond Sinking Funds

Auxiliary bonds secured by the net revenues of the auxiliary activity to which they relate, debt-service subsidy grants provided by the U.S. Department of Housing and Urban Development, and the full faith and credit of the University. Auxiliary bond agreements require minimum mandatory reserves sufficient to cover the principal and interest due in any future fiscal year.

Fund Long Description Short Description
7500 1972 Facil Bonds A and B – Morris
1972FacAB
7501 Dormitory Bonds – Crookston DormBond
7502 1972 Facil Bonds C and D – Morris
1972FacCD
7503 1972 Housing Bond C – Duluth 1972HsgC
7504 1972 Housing Bonds E and F – Dlth
1972HsgEF
7505 St Paul Bonds 1973 1973StPaul
7506 1977 Advance Refund Bonds Como 1977Como
7507 1977 Advance Refund Bonds CMU 1977CMU
Fund Class: State Capital Appropriations

Funding made available to the University of Minnesota by legislative acts of the State of Minnesota for capital projects.

Fund Long Description Short Description
7600 State Appropriations 2002
2002StAppr
7601 State Appropriations 2003
2003StAppr
7602 State Appropriations 2006
2006StAppr
7603 State Appropriations 2008
2008StAppr
7604 State Appropriations 2009
2009StAppr
7605 State Appropriations 2010
2010StAppr
7606 State Appropriations 2011 2011StAppr
7607 State Appropriations 2012 2012StAppr
7608 State Appropriations 2014 2014StAppr
7609 State Appropriations 2015 2015StAppr
Fund Class: Equipment Replacement

Restricted reserves that departments may create for equipment replacement by moving non-recurring resources from current restricted funds to this plant fund. These plant fund reserves may then be used to replace equipment.

Fund Long Description Short Description
7700 Rest Renewal and Replacement RestrRenew
Fund Class: Infrastructure Development Bonds

The University’s obligation to pay the state one-third of the debt services of infrastructure development bonds issued by the state for University capital projects.

Fund Long Description Short Description
7710 State Infrastructure Bonds IDBBonds
Fund Class: Plant Other State Funds

Funding made available to the University by the State of Minnesota that is restricted to a specific purpose related to construction or acquisition of physical properties, renewals and replacements of physical properties, and retirement of indebtedness.

Fund Long Description Short Description
7720 Lyddon Land Purchase LyddonLand
7721 Plant Funds-Other State PlantState
Fund Class: Plant Other Restricted

Funding made available to the University of Minnesota by any other source, other than those specifically listed, for capital projects.

Fund Long Description Short Description
7730 Plant Funds-Private Practice PlantPriv
7731 Plant Funds-All Other PlantOther
Fund Class: Plant Foundation

Funding made available to the University of Minnesota by University related Foundations for capital projects.

Fund Long Description Short Description
7740 Plant Funds-Foundation PlantFound
Fund Class: Plant Federal Government

Funding made available to the University of Minnesota by the Federal Government, other than appropriations, for capital projects.

Fund Long Description Short Description
7750 Plant Funds-Federal PlantFed
Fund Class: Plant Other Government

Funding made available to the University of Minnesota by Government sources, other than those specifically listed, for capital projects.

Fund Long Description Short Description
7760 Plant Funds-Other Government PlantGovt
Fund Class: Plant Business and Industry

Funding made available to the University of Minnesota by Business & Industry groups for capital projects.

Fund Long Description Short Description
7770 Plant Funds-Bus & Industry PlantBus

C. Fund Category: Plant Funds Invested in Capital Assets

Plant Funds Invested in Capital Assets represent the value of property, plant, and equipment, net of accumulated depreciation, reduced by the outstanding balances of debt attributable to these capital assets.

Fund Class: Invested in Capital Assets, Net of Related Debt

Fixed assets net of accumulated depreciation, reduced by the outstanding amount of bonds, mortgages, notes, and other borrowings attributable to the acquisition, construction, or improvement of these assets.

Fund Long Description Short Description
7000 Invested in Capital Assets ICANRD

7. Fund Group: Agency Funds

Funds held in trust by the University but owned by outside entities that have a close relationship with the University. These funds are held by the University as custodian or fiscal agent for individual students, faculty, staff members, student organizations, and University related Foundations. These funds do not belong to the University but are owned by the group or agency, and thus are not available for University operations.

Fund Class: Agency

Fund Long Description Short Description
9000 Miscellaneous Agencies
AgencyMisc
9025 UMC – Outside Financial Aid
UMCOutFAid
9026 UMD – Outside Financial Aid
UMDOutFAid
9027 UMM – Outside Financial Aid
UMMOutFAid
9028 UMR – Outside Financial Aid
UMROutFAid
9029 UMT – Outside Financial Aid
UMTOutFAid
9185 UMC – Federal Direct Lending UMCFedDir
9186 UMD – Federal Direct Lending
UMDFedDir
9187 UMM – Federal Direct Lending
UMMFedDir
9188 UMR – Federal Direct Lending
UMRFedDir
9189 UMT – Federal Direct Lending
UMTFedDir
9281 U of M Alumni Association
UMAlumAgy
9283 U of M Physicians
UMPAgy
9284 4-H Foundation
MN4HFdnAgy
9285 U of Minnesota Foundation
UMFAgy
9286 Landscape Arboretum
ArboretAgy
9288 MN Medical Foundation
MMFAgy
9289 Gateway Corporation GatewayAgy

Fund Values

An Excel spreadsheet of the list of Funds as of August 22, 2016 is available here. (xlsx)


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