Self-Supporting Funds - Resources

What Self-Supporting Funds are, Contacts, and Resources.

A Self-Supporting Fund is a Fund that receives its money from revenue generated by selling products or services to customers. The activity that generates the revenue is called the self-supporting activity. Each self-supporting Fund has an associated self-supporting activity that supports the Fund. These Funds are managed as a business-like operation, with the objective of generating sufficient sales revenue to finance the associated costs. The self-supporting activity generates sales revenue by providing products or services to customers. Customers may include other university units, faculty/staff/students, the general public, and other external entities.


Keywords:self-supporting funds, fund, fund code, obfs, accounting, financial, resources, AITS   Doc ID:85574
Owner:AITS Service Desk .Group:University of Illinois System
Created:2018-09-10 14:51 CDTUpdated:2023-04-25 09:07 CDT
Sites:University of Illinois System
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