Distribution types define how the spendable balance of an endowed fund is calculated.
Create Distribution Type
- Navigate to the Distributions page.
- Click Create Type in the left-side menu.
- Enter the applicable information in the Create Distribution Type section, and then click Create.
- Name
- Type - Type of calculation you use to determine the amount to be dispersed.
- avg per qtr - Average Per Quarter
- avg per year - Average Per Year
- percent
- Percent - Distribution percent
- Enter as a decimal (Ex: .02 = 2%)
- Options Fields will vary based on the Type selected.
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Hover over the SmartTips (question mark icons) in CommunitySuite for field guidance or reference distribution types for additional information.
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Edit Distribution Type
- Navigate to the Distributions page.
- Click Distribution Types in the left-side menu.
- Click the ID of the distribution type you want to edit.
- Click Edit in the left-side menu.
- Edit applicable fields and then click Save.
Assign Distribution Types
Distribution types can be assigned to funds by editing a fund or using bulk edit functionality.
- Hover over the SmartTips (question mark icons) in CommunitySuite for field guidance.