CU Foundation converting to new accounting system

By Staff

The CU Foundation will be converting to a new accounting system (Blackbaud’s Financial Edge “FE”) with a planned go-live date of Monday, Nov. 18. This may result in a few days of “down time” around that date. Reporting from IFAS (the old system) will be available for a few weeks but will not be updated with new data after Nov. 15.

What will change?

  • The web link to access reports and login information
  • The look of parameters when running a report
  • Some cosmetics on the reports
  • How to export reports to Excel or Adobe
  • How to print reports
  • Reporting by Fund Manager or UserID (to be replaced by self selected “preferred” groups of funds)

What will not change?

  • The coding of fund numbers and object codes
  • Policies related to endowments and current funds
  • Endowment investment or distribution procedures
  • Most other codes related to schools, departments, division, purpose, etc.

Note: Initial access to reporting will be limited to Advancement staff plus university employees who have actually logged in to IFAS since June 30, 2012.  Others needing access will need to contact the CU Foundation.

Stayed tuned for more information on reporting access and training. If you have questions, contact Scott Dunn at or


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