Fund 843 - Exceptional Faculty Awards Endowment Account
Locally by each agency - LCL0
3 - Local Fund
SAAM Budget Type:
Earnings from Investments are:
Credited to the appropriate fund as directed by the Legislature and/or the administering agency of the fund. RCW’s 43.79A.040 and 43.84.092 do not apply.
The proceeds from the endowment fund shall be used to pay expenses for faculty awards, which may include in-service training, temporary substitute or replacement costs directly associated with faculty development programs, conferences, travel, publication and dissemination of exemplary projects; to supplement the salary of the holder or holders of a faculty award; or to pay expenses associated with the holder’s program area. Funds from this program shall not be used to supplant existing faculty development funds.
Sources of Revenue:
Private Donations, Charges and Miscellaneous Revenue, Interest Earnings
Community and technical college faculty
Exceptional Faculty Awards Endowment Account
EA - Permanent Funds
EA - Higher Ed Endowment & Other Perm Funds
Closing GL Code:
9230 - Restricted for Higher Ed