Operating policies and procedures are developed by UNT Foundation staff and approved by the UNT Foundation Board of Directors. The policies and procedures are regularly reviewed in coordination with University Division of Advancement staff to ensure their adequacy, efficiency, and effectiveness.
All information for this account is available to the Account Holder, Proxy, Information Proxy, and head of the academic division, from the UNT Foundation office.
Distributions from select endowment accounts (scholarships, fellowships, as well as some lectureships, professorships, and chairs) are automatically made quarterly after the last calendar day of February, May, August, and November.
Account Holders may direct that no automatic distributions occur and that all distributions shall be initiated by the Account Holder’s use of individual Disbursement Authorization forms.
Named Account Holders and their Account Proxies on file with the Foundation are the only individuals authorized to request distributions from Foundation accounts. Withdrawals of distribution amounts are available (1) after the minimum endowment level has been achieved through gifts and permanently reinvested amounts, and (2) after having reached the minimum endowment level for one (1) full calendar quarter, and (3) in accord with the Memorandum of Understanding for the account.
Funds from Operating, Quasi-endowed, and those accounts where the Account Holder has directed that no automatic distributions occur, should utilize the Disbursement Authorization form supplied by the Foundation (available at http://endow.unt.edu). The blank form may be reproduced by the Account Holder as needed. An original signature of the Account Holder is required on this form for each individual request; email submissions of this form are not accepted.
Disbursement Authorization Form
Foundation Account Request Form
The UNT Foundation works closely with the gift planning specialists in the UNT Division of Advancement to plan, evaluate, accept, and manage charitable trusts, real estate, oil & gas, tangible property, and other assets.
Gift Planning and Acceptance Policies
Visit UNT Advancement Gift Planning Office
Hammond Associates joined with Mercer Investment Consulting in January of 2011. Mercer is a leading global provider of consulting, outsourcing, and investment services. Combining 25 years of consulting expertise with the global research capabilities of Mercer Investment Consulting, we can provide our customers with an array of services that can be tailored to the exact needs of the institution.
The ability to bring academics, thorough research, and modern portfolio theory concepts into practical application is the work of Hammond Associates. Headquartered in the financial district of Clayton, Missouri, our staff of more than 120 professionals are committed to serving just over 200 clients. Our team of investment professionals includes former chief investment officers, academicians, researchers, corporate financial executives, and management consultants.
Our consultants and their clients rely heavily on our Research Division to provide deep and informative proprietary research, asset allocation models, and a stable of "best of breed" managers across multiple asset classes to help engineer portfolio designs that meet the unique and diverse objectives of our clients. But research expertise expands far beyond theory, reporting, and manager performance.
Under the watchful eye of our Chief Investment Officer, we have a host of seasoned Directors responsible for engineering and managing direct alternative investment opportunities. For more than two decades, we have committed ourselves to the "highest level of care" in the protection and growth of our clients assets.
Hammond Associates is a wholly owned subsidiary of Mercer Investment Consulting, Inc.
www.mercer.com
Foundations are among our longest-standing clients. Hammond Associates has an experienced professional Consulting staff, the members of which are proficient at supporting Foundation staff and Board members in assessing the Foundation’s distribution requirements, goals, and tolerance for risk, and matching these to realistic estimates of investment returns. Our Research Group statistically analyzes these parameters to develop a set of feasible investment strategies, which are used to project an array of potential outcomes. From these data a client institution can choose an effective, sustainable investment strategy suited to its specific set of needs.
Hammond Associates specializes in an educational approach to investment consulting, in which we work to instruct our clients in the opportunities that exist in the real world of financial market. And our clients instruct us in their needs, their goals, and their willingness to invest. We put this mutually learned knowledge to work in a sound, robust investment strategy that is based on the best abstract research, but adapted for the real world.