Business Office

The University of Tennessee Foundation Business Office provides support for the various units/departments within the Foundation through budget tracking, accounts payable, travel reimbursement, gift agreement processing, time reporting, contracts, purchasing and account creation.

IRIS Resources

Budget Process

The budget process starts each January with budget instructions and materials going out to all the Vice Chancellors and department heads. This information includes previous years’ budget vs. actual reports, budget worksheets, and information regarding narrative summary.

  • January: Budget worksheets, instructions and other supporting materials distributed to Vice Chancellors and department heads.
  • February: Budget requests due from Vice Chancellors and department heads.
  • March: Budget hearings
  • April: Proposed budget distributed to Vice Chancellors and department heads then to UTFI Finance Committee
  • June: Revised proposed budget distributed to UTFI Finance Committee and Board of Directors

A budget report is produced each month for the Vice Chancellors and department heads after the accounting close for the month. A budget report is produced each quarter for the UTFI Board of Directors after the accounting close for September, December, March, and June.

Vendor Requests

How do I find a vendor number?
Begin with the IRIS transaction, XK03. Once this transaction has opened, click on the “matchbox” to the right of the vacant vendor field. After this has been selected, a vendor number may be searched by the name, city, postage code or a federal/employee ID number (FIN/EIN). The IRIS Project Help website has a self-guided tutorial here for finding this information.

Procurement Cards

All UTFI units’ procurement cards are issued through UT. Click here to see the University’s Procurement Card Program.

CONTACT US

General requests and information
business@utfi.org

Timesheets
time@utfi.org

Lisa Taylor
Chief Financial Officer
ltaylor3@utfi.org

Amy King
Director of Accounting
aking@utfi.org

Beth Coleman
Senior Financial Specialist
bcoleman@utfi.org

Lee Ann Craig
Purchasing and Contracts Coordinator
lcraig@utfi.org

TIME REPORTING

NEWS