FUND KEY AND FINANCIAL RESOURCE TABLE
FUND | FUND DESCRIPTION | Appropriated | Collect Cash | Accounts Self Supporting | Assessed Overhead at Account Level |
Assessed Fringe at Account Level | Vendor Payments Processed by OSC | Vendor Payments Processed on Campus |
---|---|---|---|---|---|---|---|---|
STATE |
State Purpose (STATE) funds are appropriated from Legislature in the State Operations Budget and used to cover Academic Programs, Library, Instructional Costs, Non-Instructional Support Services, Student Services, Maintenance & Operations, General Administration and Institutional Services. A portion of the State Operating funds is supported by tuition/fee revenue. The remainder is supported by other state revenue sources. State operating funds are distributed to campuses by SUNY. Each campus allocates the funds to divisional and departmental units through their university budget process. |
√ | √ | |||||
IFR |
Income Fund Reimbursable (IFR) accounts are self-sustaining accounts supported by revenue generated from University services associated with educational and related activities to students and other customers. Examples are student fees, facility and equipment rentals. IFR accounts are supported by cash receipts and the cash balances carry over year to year. IFR accounts incur additional charges such as Fringe Benefits and Administrative Overhead, when applicable. The University will generally supplement operational and strategic costs with IFR funds. |
√ | √ | √ | √ | √ | √ | |
DORM (DIFR) |
Dormitory Income Fund (DORM/DIFR) accounts are used to support the costs associated with the residence halls. The revenue to support this allocation is derived solely from housing charges and apartment rentals. Expenses related to the administration, operation and maintenance of the University’s residence halls and apartments, along with utilities, debt service, internet service, etc., are charged to Dormitory Income Fund accounts. |
√ | √ | |||||
DIFR IFR |
Dormitory Income Fund Reimbursable (DIFR IFR) accounts related to specific activities or programs regarding the operations of the residence halls. These accounts are supported by revenue other than housing charges and apartment rentals. For example, dormitory damage fees. |
√ | √ | √ | √ | √ | √ | |
HOSP (HIFR) |
Hospital Income Fund accounts (HOSP/HIFR) are used to support the costs associated with the University Hospital. This allocation is supported through patient care revenue. |
√ | √ | |||||
HIFR IFR |
Hospital Income Fund Reimbursable (HIFR IFR) accounts supporting specific activities or programs related to the operations of the University Hospital. These accounts are primarily supported by revenue derived from sources other than patient care. |
√ | √ | √ | √ | √ | √ | |
SUTRA |
State University Tuition Reimbursable accounts (SUTRA) utilize income from self-supporting programs funded from tuition revenue related to contract courses, summer and winter sessions, international programs and over-enrollment revenue. |
√ | √ | √ | √ | √ | √ | |
LIVH |
Veterans Home (LIVH) accounts are used to support the costs associated with the Veterans Home. Patient care revenue is used to support this allocation. |
√ | √ | |||||
RF IDC |
Research Foundation Indirect Cost Support (RF IDC) projects are derived by formula-driven funding from overhead charges levied on sponsored research programs. These funds are provided to reimburse the campus for the indirect costs associated with these activities. |
√ | √ | √ | √ | |||
RF SPONSORED |
Research Foundation Sponsored Research (RF Sponsored) projects include expenditures for research projects, exclusive of indirect costs, in accordance with the terms of grants, contracts or other agreements. |
√ | √ | √ | √ | |||
SBF |
The Stony Brook Foundation (SBF) is a separate 501(c)(3) charitable organization incorporated to assist in advancing the welfare and development of the State University of New York at Stony Brook by accepting and encouraging gifts to this corporation and by using such gifts to advance such purposes in a manner consistent with the educational policies of the State University of New York. |
√ | √ | √ | √ | |||
FSA |
The Faculty Student Association (FSA) is a private corporation which has a contractual relationship with SUNY to provide various auxiliary services to the campus. Examples of these include such things as: food service contracts, overseeing the contract to manage the campus bookstore, managing the campus vending and the laundry machines, etc. |
√ | √ | √ | √ |