Create A Fund

A Fund in Salesforce is equivalent to a Designation in NetSuite. Creating a fund starts in Salesforce.

  1. Navigate to the "Funds" tab and click the "New" button.

Only users with the "Fund Administrator" permission set can create Funds. See your Salesforce administrator if you need these permissions.

Populate the following fields:

  • "Fund Name": This is the name used internally. It doesn't have to be unique, but it may cause confusion if it isn't.
  • "Public Name": This is what any grantees, advisors, or other external users or constituents will see as the name of the Fund.
  • "Fund Code": Leave this blank - it will auto-generate when the Fund is opened.
  • "Parent Fund": This is not required, but if the Fund is in a hierarchy, choose its parent here.
  • "TC Org": You must choose whether the Fund belongs to TCI or TCF.
  • "Type"
  • "Department"
  • "Restriction Options"
  • "Status": Typically this should remain as "Proposed" status, unless the Fund needs to be used immediately (See "Opening a Fund").
  • A new fund will default to a zero dollar balance. Adjust the "Balance" if necessary.
  1. When ready, click the "Save" button.

When in the initial "Proposed" status, a fund cannot be used as a source or recipient of transactions.

See "Opening A Fund" for the next step in making the Fund available.