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INSTRUCTIONS FOR COMPLETION OF THE FINANCIAL REPORT

FOR TITLE III PART A, TITLE III PART B AND TITLE V PROGRAMS 

ENDOWMENT ACTIVITY AND TITLE III PART C ENDOWMENT CHALLENGE 

GRANT PROGRAM

Please use the following link to access the Financial Report for Title III Part A, Title III 

Part B and Title V Program Endowment Activities and Title III Part C Endowment 

Challenge Grant Program:

https://opeweb.ed.gov/endow 

Please use this electronic form to enter your institution’s financial data. It is highly

recommended that a hard copy be utilized for draft purposes, prior to entering the data 

into the system. A hard copy has been provided to you along with the PIN number to 

access the electronic reporting form. A hard copy may also be printed from the Web. In 

addition, you may utilize your PIN to save your submission and access it at a later time. 

However, once the reporting form is submitted electronically, it will NOT be 

accessible for any modifications. All submissions will be time and date stamped. Please 

pay careful attention to the last section regarding the certification requirement. The 

certification requirement states that all signature pages must be faxed to the number 

provided. Your financial report will NOT be considered complete without this 

certification form.

Please enter the name, address, city, state, and zip code of your institution. Also, enter 

the name, telephone number, fax number, and email address of the “contact person” for 

the grant program at your institution. The contact person is responsible for the 

administration and management of your institution’s Title III Part A, Title III Part B and 

Title V Program Endowment activities and Title III Part C Endowment Challenge Grant 

Program.

Please follow these instruction:

PR Award Number

Title III Part C only: Enter the Grant Number (GOO _ _ _ _ _ _ _). Grants awarded 

since 1987 have only a Project Award (PR/Award) Number.

Title III Part A, Title III Part B and Title V Program Endowment Activity only: Enter 

the Project Award Number (P031 __ _ _ _ __) 

Endowment Fund Corpus - The “Endowment Fund Corpus” is the Federal grant 

amount plus the institution’s matching amount.

Title III Part C only: Enter the amount of the original Endowment Fund Corpus. 

Title III Part A & B and Title V Program Endowment Activity only: This amount may

change from year to year if you elected to use federal funds for endowment building 

more than one year of your five year grant period and added to the original corpus rather 
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than creating a different account for each drawdown. For example, if in year one you 

raised and matched $50,000 of Federal funds, and you invested $100,000 to form the 

endowment corpus, then in year two you elected to raise and match $25,000 of Federal 

funds for a total of $50,000 and decided to add this $50,000 to the original $100,000, 

your corpus then changes from $100,000 to $150,000. However, if you have chosen to 

develop a separate endowment corpus for each year, you will report on each individual 

investment.

Report Number

Enter the report number for which this financial report is being submitted. (For example, 

the first financial report you submit would be Report Number 1 of 20. The last report 

you submit would be No. 20 of 20.)

Investment Distribution 

Enter the type of savings account or security, the amount invested, and the financial 

institution(s) managing your Endowment Fund Corpus (Section 628.43 of the program 

regulations).

AFTER THE FIRST YEAR, THE AMOUNT OF MONEY REPORTED TO BE 

INVESTED SHOULD BE THE ‘CORPUS’ PLUS ALL THE UNSPENT OR UNUSED 

ENDOWMENT FUND INCOME. THIS FIGURE SHOULD BE THE AMOUNT AT 

THE BEGINNING OF THE INVESTMENT PERIOD. THIS INVESTMENT PERIOD 

IS FOR THE 12-MONTH PERIOD BEGINNING OCTOBER 1ST AND ENDING 

SEPTEMBER 30TH.

Examples of investment entities include but are not limited to :

(A) A federally insured bank savings account;

(B) A comparable interest bearing account;

(C) Money Market fund;

(D) Certificates of Deposit;

(E) Mutual funds;

(F) Stocks

(G) Bonds; and

(H) Other (If not listed in A through G above, please enter the type of 

investment account.)

(I)

Income Earned

Enter the amount of the Endowment Fund Income earned only for the 12- month period

covered by this financial report.
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Enter the cumulative (aggregate) amount of the Endowment Fund Income earned since 

the initial investment of your endowment fund corpus.

Income Used

In the appropriate spaces, enter the amount for the reporting year and aggregate amounts 

of the Endowment fund income which you expended for any of the following categories:

a) Operations and maintenance – Includes expenditures established to provide 

services and maintenance related to campus grounds and facilities, including utilities, 

property insurance, fire protection, janitorial services, and similar items.

b) Administration – Includes expenditures for activities carried out to provide for the 

day-to-day functioning as well as the long-range viability of the institution as an 

operating organization. This also includes costs for general executive and 

administrative offices and other expenses of a general character which do not relate 

solely to (l) instruction, (2) organized research, or (3) other institutional activities.

c) Academic and support personnel – Includes expenditures for all faculty and 

academic administrators.

d) Construction and renovation – Includes expenditures for renewal and replacement 

of the campus grounds and facilities. 

e) Community and student services programs and technical assistance – Includes 

expenditures for activities that primarily provide services beneficial to groups 

outside the institution. Included in this category are conferences, institutes, 

programs, advertising, consulting, and

similar services to particular sectors of the community. Also included are 

expenditures for counselors, career guidance and placement personnel as well as 

expenditures connected with auxiliary programs, student aid administration, 

student activities, cultural events, student newspaper, intramural athletics, student 

organizations, student aid administration and student health services.

Further included are expenditures for activities of specific professional or 

technical groups such as conferences, workshops, or meetings where specific and 

practical advice is given to a group of lawyers, doctors, business executives, etc.

f) Other – Includes expenditures for education-related activities not 

included in the categories above. Indicate in the space provided the nature of the 

expenditure. 
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Certification

This financial report must be signed by the President or Chief Executive Officer of the 

institution certifying that all information is correct to the best of his/her knowledge. After 

completing the signature page, please fax it to the attention of your program contact at 

fax number: (202) 502-7861.

IMPORTANT NOTE

If your institution has been awarded more than one Endowment grant, report each 

separately by submitting individual financial reports with the respective project 

award and/or grant numbers.

FORM APPROVED

 OMB No. 1840-0564

 Expiration Date: 

Paperwork Burden Statement

According to the Paperwork Reduction Act of 1995, no persons are required to respond 

to a collection of information unless such collection displays a valid OMB control 

number. The valid OMB control number for this information collection is 1840-0564. 

The time required to complete this information collection is estimated to average 3 hours

per response, including the time to review instructions, search existing data resources, 

gather the data needed, and complete and review the information collection. 

If you have any comments concerning the accuracy of the time estimate(s) or 

suggestions for improving this form, please write to: U.S. Department of Education, 

Washington, D.C. 20202-4651. If you have comments or concerns regarding the 

status of your individual submission of this form, write directly to: U.S. Department 

of Education, Office of Postsecondary Education, Institutional Development and 

Undergraduate Education Service. Attention: Karen W. Johnson, 1990 K Street, NW, 

6

th Floor, Washington, D.C. 20006.