SSOs may have a DF account. This is a privilege granted in support of the philanthropic efforts of SSOs. However, no University funds may be deposited or transferred into a DF Account. University funds include all funds generated through use of the University’s status as a charitable organization and state governmental entity. If the University issues a gift receipt, those funds become University funds and consequently, can only be held in the SSO’s regular SOAS account.
When the University’s status has not been used, an SSO can raise funds and deposit those into their DF account. For example, the proceeds from a bucket drive on the Diag can be directly deposited into the SSO’s DF account.