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Multiple Creditees - Options?

Brandi Sellers
$organization

Hello!  We are frantically working to finalize our year end giving and have run into a situation that I can't seem to solve easily.  I'm hoping someone has some advice on the following scenario:

A former board member has an outstanding pledge to our endowment fund.  To pay off his pledge, he as allocated funds in a Donor Advised Fund managed through Fidelity.  We keep all of our DAF gifts credited to the administrator, in this case Fidelity, but will usually soft credit a record for the DAF for showing cumulative giving.

That's somewhat straightforward, except that I also need to soft credit the board member in order to pay off the pledge.  I can't seem to credit more than one entity.  We tried giving the board member the membership and soft crediting the DAF, but my data entry person is saying it's not able to save down when she tries to do this.

Any thoughts?

Parents
  • $organization

    This is one option. Reduce the pledge for the amount you just received, re-enter a pledge for that amount, and credit who you need to – donor and fidelity company. Then I think you should be able to get your credits where you need them to be and still have the total to your endowment reflected within the records you need.

     

    Thanks,

     

    Marie

     

    ---

    Marie Kocher | Development Assistant

    Kansas City Ballet | Todd Bolender Center for Dance & Creativity

    500 W. Pershing Road, Kansas City, MO 64108

    816.216.5582 (D) | 816.931.2232 x1382 (O) | 816.931.1172 (fax)

    kcballet.org

     

    From: Tessitura Development Forum [mailto:forums-development@tessituranetwork.com] On Behalf Of Brandi Sellers
    Sent: Tuesday, January 03, 2017 2:07 PM
    To: Marie Kocher <mkocher@kcballet.org>
    Subject: [Tessitura Development Forum] Multiple Creditees - Options?

     

    Hello!  We are frantically working to finalize our year end giving and have run into a situation that I can't seem to solve easily.  I'm hoping someone has some advice on the following scenario:

    A former board member has an outstanding pledge to our endowment fund.  To pay off his pledge, he as allocated funds in a Donor Advised Fund managed through Fidelity.  We keep all of our DAF gifts credited to the administrator, in this case Fidelity, but will usually soft credit a record for the DAF for showing cumulative giving.

    That's somewhat straightforward, except that I also need to soft credit the board member in order to pay off the pledge.  I can't seem to credit more than one entity.  We tried giving the board member the membership and soft crediting the DAF, but my data entry person is saying it's not able to save down when she tries to do this.

    Any thoughts?




    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

    This is one option. Reduce the pledge for the amount you just received, re-enter a pledge for that amount, and credit who you need to – donor and fidelity company. Then I think you should be able to get your credits where you need them to be and still have the total to your endowment reflected within the records you need.

     

    Thanks,

     

    Marie

     

    ---

    Marie Kocher | Development Assistant

    Kansas City Ballet | Todd Bolender Center for Dance & Creativity

    500 W. Pershing Road, Kansas City, MO 64108

    816.216.5582 (D) | 816.931.2232 x1382 (O) | 816.931.1172 (fax)

    kcballet.org

     

    From: Tessitura Development Forum [mailto:forums-development@tessituranetwork.com] On Behalf Of Brandi Sellers
    Sent: Tuesday, January 03, 2017 2:07 PM
    To: Marie Kocher <mkocher@kcballet.org>
    Subject: [Tessitura Development Forum] Multiple Creditees - Options?

     

    Hello!  We are frantically working to finalize our year end giving and have run into a situation that I can't seem to solve easily.  I'm hoping someone has some advice on the following scenario:

    A former board member has an outstanding pledge to our endowment fund.  To pay off his pledge, he as allocated funds in a Donor Advised Fund managed through Fidelity.  We keep all of our DAF gifts credited to the administrator, in this case Fidelity, but will usually soft credit a record for the DAF for showing cumulative giving.

    That's somewhat straightforward, except that I also need to soft credit the board member in order to pay off the pledge.  I can't seem to credit more than one entity.  We tried giving the board member the membership and soft crediting the DAF, but my data entry person is saying it's not able to save down when she tries to do this.

    Any thoughts?




    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!

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