We code the DAF gift with the original campaign code so it's not counted with current fiscal year gifts
Christine E. Adams bCRE-Pro
Senior Director of Advancement Services
University of Hartford
Office of Institutional Advancement
200 Bloomfield Avenue
West Hartford, CT 06117
P 860.768.2407
C 860.461.6374
F 860.768.2454
E
cadams@hartford.edu<mailto:
cadams@hartford.edu>
[BlackbaudCertified_RE_Professional]
[University of Hartford]<http://www.hartford.edu/>
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From: Advancement Services Discussion List [mailto:
FUNDSVCS@LISTSERV.FUNDSVCS.ORG] On Behalf Of Nancy Randazzo
Sent: August 16, 2019 1:40 PM
To:
FUNDSVCS@LISTSERV.FUNDSVCS.ORG
Subject: [External]: [FUNDSVCS] DAF payments and double counting
**External Email**
Friends,
We have recently been looking at the effect of writing down pledges when an unanticipated payment from a donor's DAF comes in. When the pledge is counted and reported in one fiscal year and the DAF contribution is received during the next fiscal year, if we write down or cancel the original pledge and count the DAF contribution, some or all of the original pledge is counted twice. While the overall numbers year over year are accurate, the reporting for the year in which the original pledge was booked remains overstated.
Example: Pledge booked in FY18 and we don't expect it to be paid with DAF - $50K counted in annual fundraising total for FY18
DAF "pays" pledge in FY19 - original pledge canceled, $50K from DAF counted in annual fundraising total for FY19
How do others handle this?
Nancy
Nancy Randazzo
Director, Gift and Fund Administration
University of Montana Foundation
Office: 406.243.2593 | Direct: 406.243-4739
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