---
title: "Approving a New Fund/Account Application in FoundationHub"
slug: "new-fund-account-application-approval-in-foundationhub"
updated: 2026-06-03T20:46:46Z
published: 2026-06-03T20:46:46Z
canonical: "docs.foundationhub.com/new-fund-account-application-approval-in-foundationhub"
---

> ## Documentation Index
> Fetch the complete documentation index at: https://docs.foundationhub.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Approving a New Fund/Account Application in FoundationHub

**Depending on your permissions, the options available may differ. If you do not see the options described below, please contact your Client Service Representative.**

Once a New Online Fund Application has been submitted through DonorSphere, it will appear in the approver's **Inbox** under the **Funds** section.

### Step 1: Open the Fund Application

The application will appear as an incoming Fund request in the Inbox.

![](https://cdn.document360.io/579d62e3-92d9-438c-a119-f0014c5f7cc0/Images/Documentation/image-OQ1OSRUI.png)

Click on the Fund request to open and review the application details.

![](https://cdn.document360.io/579d62e3-92d9-438c-a119-f0014c5f7cc0/Images/Documentation/image-OYE42C18.png)

### Step 2: Complete Required Fund Information

Before the Fund can be approved, the following required fields must be completed:

- **Fund Holder**
- **Fund Sub-Type**
- **Audit Type**
- **Check Form**

After entering the required information, save the Fund.

![](https://cdn.document360.io/579d62e3-92d9-438c-a119-f0014c5f7cc0/Images/Documentation/image-ZOGTG3ZQ.png)

### Step 3: Review the Succession Plan

The submitted succession plan is available within the Fund record.

Approvers can:

- Review the succession plan details
- Update allocation percentages, if needed
- Remove succession options, if appropriate

![](https://cdn.document360.io/579d62e3-92d9-438c-a119-f0014c5f7cc0/Images/Documentation/image-GMO9CT0C.png)

### Step 4: Approve the Fund

Once all required information has been completed and reviewed, update the **Fund Status** to **Active** to approve and activate the Fund.

![](https://cdn.document360.io/579d62e3-92d9-438c-a119-f0014c5f7cc0/Images/Documentation/image-6BXCKSLE.png)