Revenues generated by university resources through the sale of goods or services must be deposited into an IU account.

Funds necessary for expenditures related to revenue generating activities that are unallowable expenditures by university policy may be transferred to the Foundation with documentation if revenues for the activity exceed activity expenditures.

Documentation Process:

Disbursement voucher in KFS must be made out to IUF and processed.

The account used on the Disbursement Voucher (DV) must be the same account that received the revenue generating activity revenue.

Copies of the receipts must be attached to the DV.

Attach a Depositing Revenue to the IU Foundation form to the DV with the original receipts.

Electronically send the DV.