Get New Account Form - Commonfund - Commonfund

Filling out the New Account Form for Commonfund is a straightforward process that allows you to establish an investment account tailored to your organization's needs. This guide provides step-by-step instructions to ensure you complete the form accurately and efficiently.

Follow the steps to successfully complete the New Account Form.

1. Use the ‘Get Form’ button to access the New Account Form and open it in your preferred editor.
2. Begin by selecting the fund name and number from the provided list. This information is crucial for the type of investment you wish to allocate your funds towards.
3. Fill in the 'Name of Institution' field with the legal name of your organization.
4. Enter the 'Tax I.D. Number' associated with your institution to comply with IRS regulations.
5. Choose the appropriate 'Fund Name' and 'Fund Number' that correspond to your selected investment option.
6. Indicate the 'Type of Account' that you are establishing, such as Operating or Endowment, ensuring that you select the correct classification for future reporting.
7. Assign a unique 'Account Title' for your account. If unspecified, it will default to 'Endowment'.
8. Provide the 'Date of Investment' which indicates when you plan to fund the account.
9. Select the preferred 'Payment Instructions' for income distribution, deciding whether you want to distribute or reinvest all income earned.
10. Complete the 'Bank Source' information, including 'Bank Name', 'ABA (Federal Reserve) Wire Number', and all other relevant banking details for wiring funds.
11. If applicable, specify withdrawal preferences under 'Standard Withdrawal of Principal' by choosing the frequency (monthly, quarterly, annually) and providing the amount to withdraw.
12. Sign the document with the signature of an authorized representative, print their name, title, and contact information before finalizing the form.
13. Once all fields are filled out, save changes, download, print, or share the form as necessary.

Complete and submit your New Account Form online today to facilitate your investment process.