Installment Gifts

I would book each installment as a new gift since the pledge amount would be conditional.

Mark Frey

404-733-5267

mark.frey@woodruffcenter.org

For anyone who accepts indefinite installment gifts (e.g. "Give us $10 each month on your credit until you tell us to cancel your pledge"), I'm curious if and how you book this as a pledge.

Do you assume a commitment for the current year and book a contribution receivable for $120 (for example), or do you record each installment payment as a new gift at the time of payment? 

Thanks in advance for your ideas.

-Eric Evenskaas

Steppenwolf Theatre

This message was sent automatically to you by www.tessituranetwork.com because you subscribed to the Tessitura Finance Forum. You may reply to this message to post to the Finance 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!

I would book each installment as a new gift since the pledge amount would be conditional.

Mark Frey

404-733-5267

mark.frey@woodruffcenter.org

For anyone who accepts indefinite installment gifts (e.g. "Give us $10 each month on your credit until you tell us to cancel your pledge"), I'm curious if and how you book this as a pledge.

Do you assume a commitment for the current year and book a contribution receivable for $120 (for example), or do you record each installment payment as a new gift at the time of payment? 

Thanks in advance for your ideas.

-Eric Evenskaas

Steppenwolf Theatre

This message was sent automatically to you by www.tessituranetwork.com because you subscribed to the Tessitura Finance Forum. You may reply to this message to post to the Finance 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!