This session provides an overview of the various unique intricacies of trust and endowment funds. An overview will be provided of the necessary steps and documentation required to create a fund and the different types of funds. Attendees will obtain an overview of how donations are received and recorded, including interest and units on endowed funds. The recapitalization and transfer process will be covered as well as other key processes in managing your fund. Reporting requirements and importance of accurate financial information will be discussed and concluding the session will be a walkthrough the proper procedures to close a fund.