Family Foundation Gift Entry

We enter on the HH/individual account and soft credit the foundation/donor advised fund.  Last year we tried the reverse and it made reporting horrendous from the recommending donor perspective as well as manually matching from the office management perspective

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A donor centered program works as best as possible from a donor perspective.  Donors consider the foundation/DAF contribution as part of their personal total giving profile.  We can serve the donor’s interest by entering the gift on their record, while serving the foundation/DAF/ Accountant interest by having the foundation/DAF contributions recorded as such.

Does anyone have a report they can run on “Soft Credits?”  This would allow for reporting on the soft credits that would add an additional convenience for this.

Laura Chaney

Director of Development

Believe Everything You Hear

Bay Chamber Concerts and Music School

PO Box 599 | 18 Central Street | Rockport | ME 04856

(207) 236-2823

baychamberconcerts.org

From: Tessitura Development Forum [mailto:forums-development@tessituranetwork.com] On Behalf Of Stacey Bregenzer
Sent: Thursday, December 10, 2015 11:35 AM
To: Laura Chaney
Subject: [Tessitura Development Forum] Family Foundation Gift Entry

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Hi!

Does anyone out there enter family foundation gifts in the household/individual record and soft credit to the family foundation record instead of the other way around?  I heard someone at the conference mention that they did this.  We currently enter in the family foundation record and soft credit to the individual/household.  This makes giving reports, program book lists, and tax statements difficult as I have to manually match them up with the household/individual record to get total giving.  But, I want to see if there are pitfalls that I am not thinking of in having everything in one account with contributions soft credited to the family foundation when they come from that entity.

Thank you!

Stacey Bregenzer

Development Systems Manager

Opera Theatre of Saint Louis

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