• Replies 4 replies
  • Subscribers 413 subscribers
  • Views 49 views
  • Users 0 members are here
Related

Donor Avisory Funds

Marie Kocher
$organization

We have some donors who make contributions from their funds housed at a collective foundation. How do other Tess orgs out there enter these gifts?

Thanks,

Marie Kocher

Kansas City Ballet

Parents
  • $organization

    Hi Marie,

    Our basic rule is that if we are sending out the tax receipt to an individual that it's processed within their account, but if we are not it's processed in the account that the check is from.

    For gifts like the kind I think you are asking about we would process this in the foundations account as a individual gift and soft credit the individual with a 3rd party credited type.



    [edited by: Ryan Rowell at 4:14 PM (GMT -6) on 4 Sep 2009]
Reply
  • $organization

    Hi Marie,

    Our basic rule is that if we are sending out the tax receipt to an individual that it's processed within their account, but if we are not it's processed in the account that the check is from.

    For gifts like the kind I think you are asking about we would process this in the foundations account as a individual gift and soft credit the individual with a 3rd party credited type.



    [edited by: Ryan Rowell at 4:14 PM (GMT -6) on 4 Sep 2009]
Children
No Data