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- 16xxxx: Investments
16xxxx: Investments
I. GENERAL
Investments of the University include debt (bonds), equity (stock), real estate and other miscellaneous investments.
The University uses the "pool" concept to invest most of its cash. Under the pool concept, the excess cash of individual cost objects is invested by purchasing units in one of the University's three general investment pools: the Cash Management Fund (CMF), the Intermediate Term Pool, and the Long Term Pool. Each participating cost object owns units of the pool based on their initial and subsequent contributions and earns investment income based on the units owned. The Duke Management Company manages the assets invested in these pools.
II. G/L ACCOUNT DEFINITIONS
160100 Long Term Investment Pool -
Valid for: Investment Office Only
Represents the book value of units in the pooled investment fund for endowment funds established prior to 07/01/91.
160103 Long Term Investment Pool: Old Participation -
Valid for: Investment Office Only
160108 Long-Term Investment Pool Participation Financial Aid -
Valid for: Investment Office Only
This G/L is used to track long-term pool ownership of financial aid endowment funds (610xxxx, 618xxxx, 660xxxx and 668xxxx)
160130 Social Choice Pool - Duke University NFA -
Valid for: Univ
The Social Choice Pool (SCP) has been setup as an alternative to the Long-Term Pool investment.
160131 Social Choice Pool - Duke University FA -
Valid for: Univ
The Social Choice Pool (SCP) has been setup as an alternative to the Long-Term Pool investment.
160132 Social Choice Pool - DUHS -
Valid for: Univ, DUHS
The Social Choice Pool (SCP) has been setup as an alternative to the Long-Term Pool investment.
160200 DUHS Completion Pool: Participation -
Valid for: DUHS
To establish an account for participation in the DUHS Completion Pool.
160500 FUQUA Special Growth Pool -
Valid for: Closed
160600 457 Plan Assets -
Valid for: External Reporting Only
160700 Pooled Endowment Principal: Bea Individ. Acct -
Valid for: Closed
160703 Pooled Endowment Principal: Bea Individ. Acct -
Valid for: Closed
161000 Investments in Transit -
Valid for: DUHS, DUHS Corporate Finance
This G/L account is to be used to record HSP investment purchases and sales temporarily on the date the transaction actually occurs.
161001 Short Term Cost DUHS Inc Portion HSP Invement Pool -
Valid for: DUHS Corporate Finance
161002 Short Term MTMDUHS Inc Portion HSP Invest Pool -
Valid for: DUHS Corporate Finance
161003 Long Term Cost DUHS Inc Portion HSP Invest Pool -
Valid for: DUHS Corporate Finance
161004 Long Term MTM DUHS Inc. Portion HSP Invest Pool -
Valid for: DUHS Corporate Finance
161005 Short Term Cost Gothic Inc Portion HSP Invest Pool -
Valid for: DUHS Corporate Finance
161006 Short Term MTM Gothic Inc. Portion HSP Invest Pool -
Valid for: DUHS Corporate Finance
161007 Long Term Cost Gothic Inc. Portion of HSP Invest Pool -
Valid for: DUHS Corporate Finance
161008 Long Term MTM Gothic Inc. Portion HSP Invest Pool -
Valid for: DUHS Corporate Finance
161009 Short Term Cost Legacy Pool Portion HSP Invest Pool -
Valid for: DUHS Corporate Finance
161010 Short Term MTM Legacy Pool Portion HSP Invest Pool -
Valid for: DUHS Corporate Finance
161011 Long Term Cost Legacy Pool Portion HSP Invest Pool -
Valid for: DUHS Corporate Finance
161012 Long Term MTM Legacy Pool Portion HSP Invest Pool -
Valid for: DUHS Corporate Finance
161013 Short Term Cost Unpledged Collateral -
Valid for: DUHS Corporate Finance
161014 Short Term MTM Unpledged Collateral -
Valid for: DUHS Corporate Finance
161015 Long Term Cost Unpledged Collateral -
Valid for: DUHS Corporate Finance
161016 Long Term MTM Unpledged Collateral -
Valid for: DUHS Corporate Finance
161017 Short Cost Pledged/Posted Collateral -
Valid for: DUHS Corporate Finance
161018 Short MTM Pledged Posted Collateral -
Valid for: DUHS Corporate Finance
161019 Long Term Cost Pledged Posted Collateral -
Valid for: DUHS Corporate Finance
161020 Long Term MTM Pledged Posted Collateral -
Valid for: DUHS Corporate Finance
161021 Short Term Cost DUHS Taxable Bond Invest Pool -
Valid for: DUHS Corporate Finance
161022 Short Term MTM DUHS Taxable Bond Invest Pool -
Valid for: DUHS Corporate Finance
161023 Long Term Cost DUHS Taxable Bond Invest Pool -
Valid for: DUHS Corporate Finance
161024 Long Term MTM DUHS Taxable Bond Invest Pool -
Valid for: DUHS Corporate Finance
161025 DUHS Liquidity Management Account - Cost -
Valid for: DUHS Corporate Finance
161026 DUHS Liquidity Management Account - Market -
Valid for: DUHS Corporate Finance
161027 DUHS Liquidity Management Account - LT Cost -
Valid for: DUHS Corporate Finance
161028 DUHS Liquidity Management Account - LT Market -
Valid for: DUHS Corporate Finance
1611**
161103 Long Term Investment Pool: New Participation -
Valid for: Closed
161800 Investment in Duke Medical Strategies, Inc. -
Valid for: Closed
161900 Investment In GP -
Valid for: Univ
To record University investment in Gift Properties.
162000 Investment in St Joseph JV -
Valid for: DUHS, Univ
162001 Valuation Allowance -
Valid for: DUHS
162100 Investment in Durham Realty, Inc -
Valid for: Univ
162200 Investment in DUMAC -
Valid for: Univ
162300 DMA Investment in Medanta Duke Research Institute -
Valid for: Duke Global
Represents the book value of the investment in Duke Medicine Asia
162400 Investment in Subsidiary Corp - Treasury -
Valid for: Univ
This G/L will be used to track corporate funds from Treasury provided to sub-corps. (Created 6/2015)
162500 Durham Asset Management Company -
Valid for: Closed
Represents the book value of Duke University Medical Center's investment in Durham Asset Management Corporation, a wholly owned separate support corporation of Duke University.
162503 Durham Asset Management Company (DAMCO) -
Valid for: DUHS
162600 Investment in Duke Medical Strategies, Inc -
Valid for: Investment Office Only
Represents Capital Investment in Wellpath Community Health Plans held by Duke University Health Systems.
162603 Investment in Duke Medical Strategies Inc. -
Valid for: Investment Office Only
162700 Investment In Wellpath Community Health Plans -
Valid for: Investment Office Only
Represents Capital Investment in Wellpath Community Health Plans held by Duke Medical Strategies.
162800 Investment in Applied Chemical Concepts, Inc -
Valid for: Investment Office Only
Represents Capital Investment in Applied Clinical Concepts, Inc. held by Duke University.
162900 Investment: Fearrington -
Valid for: Investment Office Only
Represents Capital Investment in a project at Fearrington Village.
163000 Marketable Securities -
Valid for: Investment Office Only
Represents the book value of marketable securities purchased within investment pools or as specific investments of particular funds. Examples of investments classified in this G/L account would be money market instruments, common and preferred stocks, and bonds.
163001 Charitable Remainder Trust Short Term Invest Fund -
Valid for: Univ
Represents implementation of the investing Charitable Remainder Trusts (CRT s) in the Long Term Pool
163003 Marketable Securities -
Valid for: Investment Office Only
163004 Posted Securities -
Valid for: DUHS
163005 Marketable Securities - DCC - PCL -
Valid for: DUHS Corporate Finance
This G/L should be used to separately identify marketable securities related to the new DCC Privacy/Cyber Liability (PCL) cell.
163006 Marketable Securities - DCC - IL -
Valid for: DUHS Corporate Finance
This G/L should be used to separately identify marketable securities related to the new DCC International Liability (IL) cell.
163009 Market Value of Securities -
Valid for: Investment Office Only
For use in recording mark to market on accounts 163000/163003.
163010 Mkt Value Posted Securities -
Valid for: DUHS
This account should be used to record mark-to-market on collateralized securities in G/L 163004.
163100 Investment Valuation Account -
Valid for: DUHS
163101 Investment Valuation Account - DCC - PCL -
Valid for: DUHS Corporate Finance
This G/L should be used to separately identify unrealized gains and losses related to the new DCC Privacy/Cyber Liability (PCL) cell.
163102 Investment Valuation Account - DCC - IL -
Valid for: DUHS Corporate Finance
This G/L should be used to separately identify unrealized gains and losses related to the new DCC International Liability (IL) cell.
164000 Other Investments -
Valid for: DUHS, Univ
Represents the book value of less readily marketable securities (than those carried in G/L account 163000) purchased within investment pools or as specific investments of particular funds. Examples of investments classified in this G/L account would be real estate and insurance policies.
164003 Other Investments -
Valid for: DUHS
164100 Duke Hospital: Durham Casualty Co., Ltd -
Valid for: Closed
Represents Duke Hospital's equity investment in the Durham Casualty Insurance Company.
164200 Duke Hospital: Other Investments -
Valid for: DUHS, Univ
Represents non-pooled investments in the Current Unrestricted cost object belonging to Duke Hospital.
164203 Duke Hospital: Other Investments -
Valid for: DUHS
164300 Duke Hospital Investment in Duke Affiliated Physicians Inc -
Valid for: Closed
Represents Duke Hospital's equity investment in Duke Affiliated Physicians, Inc., a wholly owned subsidiary of Duke University.
164400 Duke University Health System Investment in Durham County Hospital Corporation (DCMC) -
Valid for: DUHS, Univ
Represents Duke University Health System's equity investment in Duke Regional Hospital.
164500 Duke University Health System: Investment in PLPCC -
Valid for: Univ, DUHS
Represents Duke University Health System\'s equity interest in Provider-Led, Patient-Centered Care, LLC(PLPCC).
164600 DUHS Investment: United Methodist Retirement Home -
Valid for: DUHS
Represents Duke University Health System's equity investment in Duke Raleigh Hospital.
1647**
164700 Duke University Health System - Investment in Health System Medical Strategies -
Valid for: DUHS
Represents Duke University Health System's equity investment in Galloway Ridge Associated, to develop a continuing care retirement community.
164703 DUHS Investment: Health System Medical Strategies -
Valid for: DUHS
164800 Investment in Duke: GMC, LLC -
Valid for: DUHS
164900 Allowance for Cost of Disposal -
Valid for: DUHS, Univ
Represents a contra-asset account to create a reserve for selling expenses associated with Real Estate Gifts.
165000 North Carolina Trust Company Charitable Trust Assets -
Valid for: DUHS, Univ
Represents investments of Charitable Trust's which are managed by North Carolina Trust Company.
165001 Outside Trusts -
Valid for: Univ
This G/L is to be used for the remainder trusts managed by outside organizations.
165100 Sinking Fund Balance -
Valid for: DUHS
DUHS Board Designated Fund for 2017 Taxable Bonds. Account will reflect funds designated within HSP for funding of the $600M 2017 Taxable Bullet (6/1/2047).
165200 Investment in DLP Healthcare LLC -
Valid for: DUHS
This G/L is used to account for assets associated with the investment in the DLP Healthcare LLC (joint venture).
165210 Investment in Indigo Health -
Valid for: DUHS
DUHS equity interest in Indigo Health
165300 Investment in TEC Holding Co., LLC -
Valid for: DUHS
This G/L is used to account for assets associated with the investment in the joint venture with AmSurg.
165400 Investment in Experience Health -
Valid for: DUHS Corporate Finance
GL account for investment in Experience Health, joint venture with Blue Cross.
165401 Investment in nference -
Valid for: DUHS Corporate Finance
GL account for the Health System's investment in nference.
165402 Investment in Wake County Rehabilitation Hospital -
Valid for: DUHS Corporate Finance
GL account for investment in Wake County Rehabilitation Hospital, LLC, a triventure with Duke Affiliations Network, WakeMed, and LPNT IRF Development
165403 Investment in Abridge AI Inc. -
Valid for: DUHS Corporate Finance
GL account to record Investment in Abridge AI Inc.
169100 Interest in Duke Endowment -
Valid for: External Reporting Only
Represents the portion of the Duke Endowment's assets (at market value) from which the University derives unrestricted income.
169200 Interest in Funds Held by Others -
Valid for: External Reporting Only
Represents other externally managed trust assets (at market value) from which the University derives unrestricted income.
169900 Market Value of Investments -
Valid for: External Reporting Only
169901 Market Value: Short Term Debt -
Valid for: External Reporting Only
169902 Market Value: Endowment Specific -
Valid for: External Reporting Only
169903 Market Value of Investments -
Valid for: DUHS
169904 Market Value: Nonpooled Investments -
Valid for: External Reporting Only