Explanation of Fund Types
The FOPP stands for Fund, Organization, and Program or Project. It is the central element of the PeopleSoft Finance System coding. The Fund/Org/Program or Fund/Org/Project combination describes a functional unit that has been established for a specific purpose within the University. Each FOPP has a designated individual who is responsible for overseeing the general financial health and specific transaction activity of the FOPP. FOPPs are used to maintain the financial records of a unit or activity within the University. The FOPP is either a 12-digit number (2-digit fund code, 5-digit organization code, and 5-digit program code) or - for project FOPPs - a 14-digit number (2-digit fund code, 5-digit organization code, and 7-digit projectcode, which includes sponsored projects and construction projects).
Funds that we commonly use are listed below.
10 - Unrestricted General Operating Fund
11 - Unrestricted General Operating Fund - Indirect Cost Recovery
20 - Auxiliary - TABOR Enterprises Fund
26 - Auxiliary Non-Enterprises Fund
30 - Sponsored Projects - Federal
31 - Sponsored Projects - State and Local Governments
34 - Restricted Gifts
For more information regarding Fund types and FOPPs visit the Controller's page.