• Replies 5 replies
  • Subscribers 413 subscribers
  • Views 199 views
  • Users 0 members are here
Related

Donor Advised Funds

Keri L. Noerrlinger (Past Member)
$organization

Wondering about best practices from other organizations who record all gifts to the acct from which the check is written (and soft credit to directing individual).

When recording a gift from a donor advised fund, do you soft credit to the Foundation the Fund is at in addition to the Individual directing the gift? 

Thanks for your thoughts,

Keri Noerrlinger | Development Associate | KC Repertory Theatre

Parents
  • $organization
    Keri, we enter the DAF as an Organization and use the entire name of the fund on two lines.

    Joe and Janet Smith Charitable Gift Fund
    Fidelity Charitable  . . . 

    Then we go to the Relationships tab and establish an affiliation with the individuals, Joe and Janet. We enter the gift on the Fund record and credit the Smith household.

    Joanne



    On Thu, May 15, 2014 at 7:04 PM, Keri L. Noerrlinger <bounce-kerilnoerrlinger5693@tessituranetwork.com> wrote:

    Also, do you have a specific Constituent Type for DAF's?

    -Keri

    From: Keri L. Noerrlinger <bounce-kerilnoerrlinger5693@tessituranetwork.com>
    Sent: 5/15/2014 5:39:38 PM

    Joanne,

    Thanks for your response!  That makes sense.  We currently designate which donors give via two specific community foundations which is maybe why we are soft crediting them.  Maybe it's time to question why we do that... :).

    Keri




    This message was sent automatically to you by www.tessituranetwork.com because you subscribed to the Tessitura Development Forum. You may reply to this message to post to the Development forum or visit the site to search, read and post to the forums. In the interest of keeping the forum posts from becoming cluttered, we encourage you to delete previous message text from your reply before sending. Thank you!

Reply
  • $organization
    Keri, we enter the DAF as an Organization and use the entire name of the fund on two lines.

    Joe and Janet Smith Charitable Gift Fund
    Fidelity Charitable  . . . 

    Then we go to the Relationships tab and establish an affiliation with the individuals, Joe and Janet. We enter the gift on the Fund record and credit the Smith household.

    Joanne



    On Thu, May 15, 2014 at 7:04 PM, Keri L. Noerrlinger <bounce-kerilnoerrlinger5693@tessituranetwork.com> wrote:

    Also, do you have a specific Constituent Type for DAF's?

    -Keri

    From: Keri L. Noerrlinger <bounce-kerilnoerrlinger5693@tessituranetwork.com>
    Sent: 5/15/2014 5:39:38 PM

    Joanne,

    Thanks for your response!  That makes sense.  We currently designate which donors give via two specific community foundations which is maybe why we are soft crediting them.  Maybe it's time to question why we do that... :).

    Keri




    This message was sent automatically to you by www.tessituranetwork.com because you subscribed to the Tessitura Development Forum. You may reply to this message to post to the Development forum or visit the site to search, read and post to the forums. In the interest of keeping the forum posts from becoming cluttered, we encourage you to delete previous message text from your reply before sending. Thank you!

Children