Hi all. We have a constituent who has generously donated a lump sum to be used for our youth orchestra chair programme for one particular musician. He has given us enough for two years and would like it to span across the two years and be acknowledged for half each year. Is there a way to process this in one go in Tessitura, or is the best way to simply put it into his on-account fund and set a reminder against his record to put through the next donation in a year's time? Thank you for your help!
Hi Michelle,
We have had a number of gifts of this type and the way we dealt with it was to set up a separate fund marked 'prepaid' within each campaign; so half went to the current year's fund and half went to the prepaid fund.
As regards processing and acknowledgements, we would usually process in a lump sum so that the tax receipt reflected his entire gift, then go back and adjust the transactions to be split between the funds.
Let me know if you have any questions.
Claire