A donor made a bequest to a community foundation for the principal amount and our University is to receive 25% of the interest it earns for life estimated at 10,000 a year.
It's called a designated fund but sounds like a donor advised fund. Currently I have it booked as a bequest from the foundation with soft credit to the original donor at $0 with all the details of the transaction just to keep track of it but we would like to count $ for our current campaign. Any suggestions appreciated!
Thanks,
Janette
Janette Koehn
Fiscal Technician
Development Office
MILLERSVILLE UNIVERSITY
P.O. Box 1002, Millersville, PA 17551-0302<x-apple-data-detectors://10/1>
Phone: 717-871-7782<tel:717-871-7782> | Fax: 717-871-7530<tel:717-871-7530>
Janette.Koehn@millersville.edu /<mailto:
Janette.Koehn@millersville.edu%20/>
www.millersville.edu<http://www.millersville.edu/>
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