Columbia University Endowment Decapitalization Process High-Level Overview Prepares endowment decap materials Receives endowment decap package School Controller.

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Columbia University Endowment Decapitalization Process High-Level Overview Prepares endowment decap materials Receives endowment decap package School Controller – Endowment Admin Controller – Financial Reporting & Operations Copy of signed endowment decap form, and letter Reviews and approves request Confirms completion Decap is processed Reviews Restrictions of Funds General Counsel If compliant, s School w/approval School finalizes decap form ; sends complete endowment decap package Receives Confirmation A complete endowment decapitalization package contains: Endowment Decapitalization Form Form Letter requesting Decap (available on website) Terms of the Fund approval from OGC (contact Laurie McFadden) If endowment was created with donor funds If endowment was not created with donor funds