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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Graphic Identity

Creating awareness of the UFTI requires a clear, concise, and consistent message. We have created a brand book, logos, PowerPoint templates, and letterhead.

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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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ProfileUTHSC

Kelly Davis

Kelly is the Senior Director of Development for the College of Medicine at UT Health Science Center.

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News

Online Auctions with Handbid

UTFI has a master service work agreement with Handbid for online auctions.

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ProfileUTM

Ben Jones

Ben is a Director of Development for UT Martin.

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ProfileUTK

Myisha Garnes

Myisha is the Assistant Director of Advancement for the College of Arts and Sciences at UT Knoxville.