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Hey everyone,
Our Finance office would like us to explore posting Matching Gifts to a fund that matches the gift's actual source (e.g. a corporate or foundation fund) rather than posting it to where the gift it's matching is from (usually an individual fund). I'm not sure how to do this without severing the connection between the two actual gifts and turning a single lovely gift entry, into two annoying ones (with crediting and benefit applying and manual adjusting of Recog. Amts.).
Does anyone else out there put gifts and their matches into separate funds? Have you figured out a way of doing it without doubling entry?
Thanks in advance!
Rey
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A. Rey Pamatmat
Tessitura Manager
The Public Theater
425 Lafayette Street
New York, NY 10003
(212) 539-8739
RPamatmat@PublicTheater.org
Hi Rey,
We continue to enter matching gifts into our individual funds---in almost all cases the pledge is a mirror image of the donation.
We are almost at the end of our fiscal year. We have received recent gifts that are meant for next year that include a match. However, automatically adding a matching pledge during gift entry results in an FY10 matching pledge, even if the gift is for FY11. Since we want the pledge and the gift in the same year, we are forced to enter them separately.
There may be some backend options that will help you out, but on the front end any deviation from a straightforward match seems to require a separate entry.
-- Mike