CONTROLLER'S OFFICE   
- Accounting   - Bursar's Office
- Payroll   - Accounts Payable
- Purchasing   - Grant & Contract Accounting
Of interest to
Prospective Students Current Students Business & Industry Faculty & Staff Alumni Visitors
 

Procedures for Institutional Advancment to Request a New Account

Gift Accounts

  1. Fill out and approve a new request form.
  2. Send a copy of donor restrictions on the gift, the donor letter or a memo detailing the restrictions.
  3. Send a memo that states that the request meets the Institutional policy for new endowments.

Endowed Accounts

  1. Fill out and approve a new request form.
  2. Send a memo that states that the request meets the Institutional policy for new endowments.
    - or -
    Send a copy of the endowment contract and donor letter detailing the restrictions on the gift.
    - or -
    Send a memo from the institutional unit requesting an endowment and the restrictions that the unit wants to place on the spending.

Then send the request to John Mahoney (mahoney@iit.edu) at the Controller's Office, Room 201 Main Building.

© 2008 Illinois Institute of Technology 3300 South Federal Street, Chicago, IL 60616-3793 Tel 312 567-3000
Updated on November 25, 2003