Functionality

FUNDRIVER brings accuracy and simplicity to endowment administration, facilitating such factors as systems interface, report exporting formats, audit trails, FAS 117-1 reports and much more.

A typical posting period – monthly or quarterly – would follow these steps:

  1. Enter new accounts for the period
  2. Load or generate distributions, if applicable
  3. Load gifts
  4. Post investment activity
  5. Export to general ledger

FUNDRIVER’S functionality enables it to:

  1. Accommodate custom rules
  2. Export reports to PDF, Excel or Word formats
  3. Develop custom export formats for interfacing with general ledger systems
  4. Change spending rules and keep running reports until distributions are posted
  5. Prepare FAS 117-1 reports
  6. Support multiple methods to track permanently restricted, temporarily restricted and unrestricted balances to comply with FAS 117-1 requirements
  7. Provide five categories for organizing funds
  8. Track the original gift value
  9. Perform unitization

 

 

See the software in action on our YouTube Channel, or schedule your demo today!

Testimonials

Fundriver software supports success. It’s powerful and easy to operate, and capable of handling large complicated endowment funds. Numerous and time-consuming Excel reports are now produced by Fundriver software with a push of button.

Functionality & Ease of Use

FUNDRIVER brings accuracy and simplicity to endowment administration, facilitating such factors as systems interface, report exporting formats, audit trails, FAS 117-1 reports and much more.