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Endowments that Must be Returned to the Principal (rev. April 1999)


Each of the following endowments have a clause which very specifically states that the unused income should revert to principal. This is done automatically by the Treasurer's Office each year.

     Brook (brook)
     Fechheimer (fecha, fechm)
     Henry Irvin (henry)
     Mendl (mendl)
     Fred Pfening (pfeng)
     George Stambaugh (stamb)

The Treasurers' Office will allow us to encumber the outstanding orders on these as long as the actual orders have been placed in Felix and an encumbrance appears there. The information must be sent to the Treasurers' Office in May before the transactions are done to revert the balance to the principal.


Page last modified: 8 November 2011

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