Underspent Fund Checker

Identify funds that may not be spending at a sustainable rate

Quickly identify funds that may be underutilized using multi-year financial data. Built for higher education and nonprofit professionals responsible for fund oversight.

Learn More About This Tool

What This Tool Does

This tool analyzes multi-year balance and spending data to calculate a normalized spend rate across time. It helps identify funds where balances are growing faster than spending, which may indicate underutilization.

Who This Is For

  • Advancement and Foundation teams
  • Finance and budget offices
  • Department administrators and fund managers
  • Anyone responsible for monitoring fund utilization

What Type of Funds This Analyzes

  • Funds with recurring balances over time
  • Programs, scholarships, or operational support funds
  • Funds expected to align with donor intent or institutional priorities

Why This Was Built

Built by a higher education professional working directly with philanthropic funds, this tool simplifies a process that is typically manual, fragmented, and time-consuming. It is designed to quickly surface potential issues so teams can focus on decision-making, not data wrangling.

Step 1: Prepare Your Data

  1. Download the template
  2. Export your data
    • Fund-level data by year
    • Columns: fund_id, balance, spend, revenue
  3. Paste into template
    • Do not rename sheets
    • Do not change column names
    • Use Year1, Year2, Year3
  4. Upload file and click Analyze

Step 2: Analyze Your Data



Upload the completed template with sheets: Year1, Year2, Year3.




Enter as a whole number percentage (e.g., 50 = 50%).

The threshold defines the minimum acceptable spend rate.
Spend Rate = Average Spend ÷ Available Balance.

Funds with a spend rate below this percentage will be flagged as potentially underspent.

Example: If threshold = 50%, any fund spending less than half of its available balance over time will be flagged.

Lower thresholds are more lenient. Higher thresholds are more aggressive.



When selected, revenue is added to the available balance when calculating spend rate.

Use this if:
• Funds receive ongoing inflows
• You want to evaluate spending relative to total inflows

Do not use this if:
• You want to evaluate against existing balances only
• You are analyzing endowment-style behavior

This setting can materially change results.


Analysis typically completes in under 2–3 seconds.

Common issues:
• Missing one of the 3 sheets (Year1, Year2, Year3)
• Renamed sheets or columns
• Blank or non-numeric values in balance/spend

Results

Results display funds that fall below your selected threshold.

These funds may indicate underutilization, meaning balances are accumulating faster than they are being used.

This does not automatically mean a fund is being misused — it is a signal for further review.

Consider: • Donor intent and restrictions
• Planned future use
• Fund lifecycle stage
• Institutional policy

No results yet.

Spend Rate = Average Spend ÷ Available Balance.
Lower values may indicate funds that are not being actively utilized.

Frequently Asked Questions

Where do I get this data?
Export fund-level financial data from your CRM, ERP, or financial system.

What is Spend Rate?
Average Spend divided by Available Balance.

What does underspent mean?
A fund may not be deploying available resources at an expected rate.

What if my file doesn’t work?
Ensure correct sheet names and required columns are used exactly.

Data Privacy

Your data is never stored, logged, or shared.

Files are processed securely in memory and immediately discarded after analysis. No data is written to disk or retained.

No data is accessible to the developer or any third party at any time.

Contact

Built by a higher education professional focused on fund stewardship and operational efficiency.

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