The Fund Transfer Request feature in Foundation Cloud Community Portal allows Donors (users registered as the role of Donor) to request a fund transfer from their fund to another fund to which they are linked, or to a fund that has been made available to all donors by the foundation.  

There are two types of Fund Transfers:

• Interfund Transfer: Moving funding from Fund A to Fund B. 

• Transfer Grant: Moving funding from Fund A to a Fund that is managed by the Foundation.  

Submitting a Fund Transfer

In Foundation Cloud Community Portal, navigate to the Fund Advisor menu and select Fund Transfer Request. This screen allows users to create, draft, and submit the request.  

The Fund Transfer Request process is split into the following three steps: Recipient, Grant Information, and Acknowledge and Submit. Each field on these steps which is marked with a red asterisk (*) is required. 

Step 1: Recipient Information

1. The Source Fund section allows the user to search and select the fund from which a Fund Transfer will be recommended. Click Select Fund to search for a fund by name. Once the fund is selected, this section will display the Fund Name, Available Balance, Net Assets, and Pending Grants & Payments.  

2. In the Target Fund section, click Select Fund to search and identify the fund to which the Fund Transfer should be directed. The list of funds to which funds can be transferred is limited. Donors can only transfer funds to another fund to which they are linked, or to funds that have been made available to all donors by the foundation. 

3. Select Next.

Step 2: Grant Information

1. Amount - Enter the total amount to be paid. This is a mandatory field. Note: The fund may have a minimum amount (e.g. $100).  

2. Special Request - Describe instructions or notes about the grant. This information will appear on the grant letter. 

3. Select Next.

Step 3: Acknowledge and Submit

This tab contains the Acknowledgement information for the Fund Transfer. If/when the Fund Transfer Request is processed and granted by the foundation, an acknowledgement letter will be sent to the name and address shown here.  

1. Name – Review the name of the contact to which the acknowledgement should be sent. 

2. Address, City, State, Zip – Review the address of the contact to which the acknowledgement should be sent. 

3. Anonymous Fund - Check this if the Recipient should NOT know the fund from which the fund transfer was given. 

4. Anonymous Donor - Check this if the Recipient should NOT know the donor who recommended the grant. 

5. Legal Statement - Review, check “I Agree”, and complete the Advisor Signature.  

6. To finalize the Fund Transfer Request, select Submit. If there are any required fields missing, the user will be informed of these, and the Fund Transfer Request will NOT be submitted yet.

   Note: In some circumstances a Fund Transfer Request may require two signatures. In that event, the Submit action will inform the user that the application is saved and is still pending submission by another Donor on the Fund.  

7. To save progress without submitting the Fund Transfer Request, select Save Draft.  

To locate saved drafts and submitted requests, navigate to the Fundholder/Donor menu and select Saved Grant Requests. 

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