Non-Operating Funds This group of funds generally receives revenues from either the state or federal government; revenues are recognized as expenses are incurred through a cost reimbursement. These funds tend to be restricted to a particular purpose by state or federal rules. CWU has categorized these into four main groups: 1. State Capital Funds – this funding supports construction, renovation and some maintenance for state facilities. Major capital projects are funded by bonds issued by the State. Minor capital projects are funded by the building fee (approximately 3.5 percent of tuition) as well as earnings from the Educational Timber Trust. All of these funds are distributed based on legislative decisions. 2. Grants and Contracts Funds – there are two main funding sources in this fund group, nearly all of it coming from the federal government. The majority comes in the form of Pell Grants ($36M), distributed by the US Dept of Education to individual students with financial need. The rest of the funding is for a variety of federal research grants and student success grants like GEAR UP ($14M). Activity in this fund group is the cost reimbursement model. 3. Internal Service Funds – the sole purpose of this fund group is to support the work of university employees and students. These services generally are performed on a cost- plus basis with the intent to provide internal services at the lowest cost possible, plus a small margin to replace equipment, etc. Examples of internal service funds are Motor Pool, Wildcat Printing, Auxiliary Maintenance and Custodial, Architects and Engineers Pool, etc. 4. Trust and Loan Funds – there are two main categories of activity in this fund group, each about equal in size. First, a portion of tuition (4 percent) generates financial aid in the form of grants or short term loans. The rest is a variety of funding for which CWU acts as an agent, but has no ownership of the funds, for example some scholarships that follow our students and student club funds.
DIVISIONS -How we are organized In addition to slicing the university up by funds, as required by fund accounting rules, the university has also organized itself by divisions for accountability purposes. There are five divisions in all, each led by a vice president or the president:
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