About the Software
What is FUNDRIVER Online?
What types of organizations use FUNDRIVER?
What is the application development history?
Are there any other costs, i.e. will we need to purchase any servers to run the software?
Can aspects of the software, such as reports, be customized?
What is the advantage of a web-hosted application over a desktop application?
Is FUNDRIVER secure?
What are the optional modules?
What are other features and uses of FUNDRIVER?

What is FUNDRIVER Online?
FUNDRIVER® Online is a web-hosted system for automating the administration of pooled endowment funds. FUNDRIVER unitizes endowments and simplifies reporting and sharing information about endowment funds.
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What types of organizations use FUNDRIVER?
Clients include colleges and universities, museums, private high schools, religious congregations, cultural organizations, and healthcare organizations.
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What is the application development history?
The first commercial release of FUNDRIVER was in 2002 as a client server application. Web-based FUNDRIVER Online was released in March, 2006 and FUNDRIVER Online PRO with enhanced capabilities was introduced in January 2007. The features and processes were developed based on experience gained from the client server version.
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Are there any other costs, i.e. will we need to purchase any servers to run the software?
You will not need to purchase any additional hardware or software.
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Can aspects of the software, such as reports, be customized?
FUNDRIVER is designed to accommodate most circumstances without customization. If customization is required, we can customize reports, general ledger interfaces, spending formulas, and operating methods.
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What is the advantage of a web-hosted application over a desktop application?
FUNDRIVER Online makes it easier to share information and you do not have to install anything on your computer. FUNDRIVER puts you in control over how, where and by whom the system is accessed.

Because there are no servers or desktop applications to install, FUNDRIVER is easy to implement and does not require any resources from your IT department. FUNDRIVER handles the key system maintenance tasks for you. Our technology makes it easy to share information since you can give access to anyone by creating an account, assigning an access level, and giving them the web address.
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Is FUNDRIVER secure?
A key part of our security strategy is regular review by a third party. This helps to ensure all parts of the organization are performing the required functions to keep information secure. Our security strategy includes segregating clients into separate databases, physical security, encryption, and regular monitoring of activity on the site. Most importantly, FUNDRIVER provides a far more secure environment for endowment data than spreadsheets.
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What are the optional modules?
Manager of manager portfolio administration –This module administers and reports on multi-manager portfolios. FUNDRIVER calculates time-weighted returns on managers, investment pools and sub-composites, and prepares information for the NACUBO study.
Custom general ledger import and exports – FUNDRIVER supports custom interfaces to general ledger and development systems.
Department-level access – Allow access to specific funds or groups of funds to people in other departments without giving them access to the entire system. This feature can be integrated with your security scheme.
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What are other features and uses of FUNDRIVER?
An important aspect of FUNDRIVER is that it establishes a regular, repeatable process that saves time and results in fewer mistakes when preparing endowment information. You will spend less time gathering information in order to respond to specific requests about your endowment fund. FUNDRIVER reports have been designed based on feedback from auditors to help make audits proceed more smoothly.

FUNDRIVER also automates the application of spending policies and the calculation of estimated income for the budget process. It can also prepare stewardship reports and can track book value, balances by restriction (restricted, temporarily restricted, and unrestricted assets), and non-pooled assets.
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