If a fund is endowed, you can track its principal and spendable balance by checking the Endowed and Track Spendable boxes. It will display at the fund level and the spendable balance will also be listed on the Fund Management tab of the Portal.
A non-endowed fund can also track the spendable balance.
To address these scenarios, the system will calculate the spendable balance within a fund and display the amount in the fund and the Fund Management tab of the Portal (i.e. distributions, which are also called spending policies, and donations toward the spendable of a fund).
Fund View
The spendable balance displays in the Distributions section in the Settings tab on a fund record.
Fund Management Tab of the Portal View
The spendable balance displays in the Fund Summary left navigation in the Fund Management tab of the Portal.