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Fund Reference Manual

Fund 08B - Foster Care Endowed Scholarship Trust Account

Authority: RCW 28B.116.050
Admin Agency: Student Achievement Council - 3400
Cash Type: 2 - Treasury Trust Fund
SAAM Budget Type: Nonappropriated/Nonallotted (N)
Earnings from Investments are: Retained by this fund under RCW 43.79A.040(4)(b).
Description: The higher education coordinating board shall deposit state matching monies from the trust fund into the foster care scholarship endowment fund.
Sources of Revenue: Funds appropriated by the legislature, Interest earnings
Clientele: Foster children
Effective Date: 07/24/2005

ACFR Information

Account Code: 08B
Account Title: Foster Care Endowed Scholarship Trust Account
Fund Type: AA - General Fund
Rollup Fund: AC - Administrative Accts in the General Fund
Closing GL Code: 9310 - Committed for Higher Education