skip to content

Most trust funds will have some permanent capital - the original endowment that cannot be spent by the Managers. A number of funds do not have permanent capital as, under the terms of the bequest, both the original donation and any income generated, may be spent.

The permanent capital of a trust fund is invested in the Cambridge University Endowment Fund (CUEF) and is treated as a long-term investment, i.e. the units held cannot be sold. The CUEF income generated from the permanent capital is credited monthly to the spendable part of a Trust Fund (cost centre ZZYB) under the transaction code NAAA.



If you have any comments or spot any errors or omissions on any page please let us know using this form.

Read more