Add Fund Open Date and Investment Strategy to Underwater Funds Report
Adding the fund open date and investment strategy fields to the Underwater Funds Report would make this report more useful and informative.
Cyndi Vara
shared this idea
- 5/7/2024: Summit Idea Lab Live-Financials: Enhanced Financial Reporting to include fund attributes in the raw export. These fields include: fund groups, subgroups, division, segments, agency, with donor, supporting org, DAF, affiliate, investment strategy, investment strategy id, created date, close date, endowed and track spendable.
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Heidi Smith commented
It would be GREAT to have the fund group and fund sub group added to the underwater report, it looks like it was requested in 2020, but the fields do not appear on the report.
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Caili Brading
commented
Yes- we need something as Becky stated with adding a column that calculates the % as well! How far underwater they are decides if we will invade principal and send out a grant or not. This will actually get rid of a huge off the system report we currently have.
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Becky Schroeder
commented
I also like the idea of adding a column that calculates the % that the fund is underwater. Our underwater policy has stages that depend on the % underwater.
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RHONA MORGAN
commented
With the extreme volatility of markets this will become increasingly important.
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Wilson Simmons
commented
Seem like this is a pretty easy report and something most CFs need
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Cyndi Vara
commented
Also, adding a column that calculates the % that the fund is underwater would be great as well.