Business Office

The UTFI Business Office provides support for the various units and departments within the Foundation through budget tracking, accounts payable, travel reimbursement, time reporting, contracts, account creation, stock gifts, and financials auditing.

UTFI Financials »

Account Creation

When we receive a gift that is establishing a new account where the money is being directed to the Foundation we must set up a Foundation “S” account and a University “R” account.

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Accounts Payable

Procedures to process invoices, work with vendors, reimburse miscellaneous expenses, reconcile procurement cards, and make special payments that do no involve a contract.

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Contracts

The UT Foundation follows many of the same purchasing guidelines as the University of Tennessee. Like UT, all purchases of more than $10,000 must have a contract.

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Stock Gifts

Gifts of publicly traded stock or other securities are received electronically by the UT Foundation through our broker, BNY Mellon.

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Travel

Procedures to efficiently and accurately request travel, submit travel expenses, bill airfare directly to the Foundation, and register for conferences.

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What's New?

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ProfileUTIA

Laura McMasters

Laura is the director of alumni affairs and annual giving at UT Southern.

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Advancement ServicesANDIBusiness

Fiscal Year-End Key Dates

Key dates to remember for fiscal year-end processing.

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Ben West

Ben is the director of strategic partnerships for the UT Institute of Agriculture.

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CentralProfile

Adam Wilgus

Adam is the director of development for the Haslam College of Business at UT Knoxville.