FAI is responsible for managing Foundation projects (Ledger 6 projects) as well as University Endowment Fund projects (housed in Ledger 7). There are unique reporting issues relating to each of these types of funds that require specific reports to be used.
WolfPack Reporting System (WRS)
For information about individual projects in all ledgers, you can use the University’s WolfPack Reporting System (WRS, also formerly known as WOLF Reports).
Log in using your normal Unity ID and password. The proper report to use depends on the type of fund. To see additional information about choosing the correct report, and how to use it, see instructions below.
Foundation Campus Reports
FAI has also developed a number of useful reports for campus customers that need information for multiple projects within a Foundation or the University Endowment Fund.
Some of the reports are designed to list all projects within a foundation, while other are designed only to list the General Fund (unrestricted) projects within a foundation. All reports can be downloaded to Excel. To see additional information about choosing the correct report, and how to use it, see instructions below.
Fundriver
Endowments are invested using a “pooled” concept, meaning they are combined with other endowments in an investment pool. In order to allocate investment earnings to individual endowments, a method of unitization is needed (similar in concept to a mutual fund). FAI uses a software package called Fundriver to provide for this unitization.
Fundriver may be used by NC State personnel to obtain information about endowments, including endowment market values, gift agreements, and other fund information. Endowment market values are made available quarterly in Fundriver.
More information and information on how to access Fundriver is available at the links below.
- Link to Fundriver – This link will allow you to log into Fundriver using your Unity ID & password through the NC State Shibboleth Single Sign On process. Please do not bookmark directly from the website to avoid redirect errors. Instead, copy & paste the following web address into your bookmark: https://readonlyaccess.fundriver.com/ssocommon/ssoncst.aspx
- Fundriver Instructions – Refer to these instructions for navigating Fundriver. Do not use the “Help” button in Fundriver, as our database is highly customized. These instructions are created specifically for our customized database.
- Fundriver Access Request Form – Use this form to request access to the Fundriver software. Access is limited to individuals who utilize Fundriver in regular business activities. This most often includes College/Unit/Foundation Business Offices, Finance Division personnel, and University Advancement personnel. Faculty should work with their respective business offices to retrieve financial information related to specific endowments.
Important Note
It is important to note that the financial information included in the WolfPack Reporting System, and the Foundation Campus Reports are at book value. For general fund projects, as well as restricted funds, including regular restricted funds as well as endowment income funds, the book value is appropriate, as it represents the amount of funds that can be spent. However, for endowment principal funds, users typically are interested in market value, which is not accounted for in these systems. Market value for endowments can be found in Fundriver.