Posting Matching Gifts to a Different Fund

Rey,

We put our matching gifts in funds that say where the gift came from. If it is a corporate match from XYZ, Inc for the individual account of Mr. and Mrs. Smith, we enter the contribution on the corporate account and then soft credit the individual for which the match initially came from. The “hard credit” then appears as a contribution in XYZ, Inc’s account and then the soft credit appears as a green line on Mr. and Mrs. Smith’s account. Does that help?

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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

--

A. Rey Pamatmat

Tessitura Manager

The Public Theater

425 Lafayette Street

New York, NY 10003

(212) 539-8739

RPamatmat@PublicTheater.org

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Rey,

We put our matching gifts in funds that say where the gift came from. If it is a corporate match from XYZ, Inc for the individual account of Mr. and Mrs. Smith, we enter the contribution on the corporate account and then soft credit the individual for which the match initially came from. The “hard credit” then appears as a contribution in XYZ, Inc’s account and then the soft credit appears as a green line on Mr. and Mrs. Smith’s account. Does that help?

Normal 0 false false false EN-US X-NONE X-NONE

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

--

A. Rey Pamatmat

Tessitura Manager

The Public Theater

425 Lafayette Street

New York, NY 10003

(212) 539-8739

RPamatmat@PublicTheater.org

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!