Foundation Compliance Officer
The Foundation Compliance Officer monitors and facilitates the flow between the UA Development/Gift Services and the UA Foundation. From the start of a gift with the new project id request, to the request to close a project, Foundation Compliance reviews expenditures, balances and transfers for appropriateness of the transaction. Electronic review in BASIS is done by Foundation Compliance prior to review by desk WALTON to check for appropriateness of expenditure and presence of documentation. Appropriateness of all transactions includes donor intent, UA rules and guidelines, UA Foundation rules and guidelines, and cash availability.
The Foundation Compliance Officer also monitors cash balances in Foundation spending accounts, and notifies departments of large dollar deficits. S/he also works with departments to ensure they have no UA Foundation projects with a negative balance.
While acting as a liaison and intermediary between the University and the Foundation, the Foundation Compliance Officer explains rules and regulations to help balance wants and desires while reviewing paperwork and electronic transactions.
Forms
Foundation Compliance
University of Arkansas Foundation Forms - Click Here
- Delegation Form (UA Foundation Form)
- Intra-foundation Transfer Request (UA Foundation Form)
- New Project ID Request (UA Foundation Form)
- Payment Authorization Form or PA (UA Foundation Form)
- Payment Authorization Project ID Correction Request (UA Foundation Form)
- Project Update or Close Request (UA Foundation Form)
- Signatory Change Request (UA Foundation Form)
Contact Information
fndcompl@uark.edu