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  • 1.  DAF "payment" from one spouse on a joint pledge

    Posted 12-13-2022 01:05 PM
    All,
    If you have a joint pledge in your system and a gift comes in from a DAF that is obviously meant to go towards fulfilling that pledge, but the DAF paperwork only references one of the spouses... would you enter the DAF gift as joint (because the pledge is joint) or only under the spouse referenced in the accompanying paperwork?

    Thanks,
    Eric

    ------------------------------
    Eric Valdescaro
    Senior Director, Advancement Services
    University of Memphis
    eric.valdescaro@memphis.edu
    ------------------------------


  • 2.  RE: DAF "payment" from one spouse on a joint pledge

    Posted 12-13-2022 01:08 PM
    I am failry certain that you can't use a DAF to fulfill a pledge oblication.
     





  • 3.  RE: DAF "payment" from one spouse on a joint pledge

    Posted 12-13-2022 01:09 PM
    DAFs are recorded on the DAF record and cannot be used as pledge payments.

    John

    John H. Taylor
    Principal
    John H. Taylor Consulting, LLC
    2604 Sevier St.
    Durham, NC   27705
    919.816.5903 (cell/text)

    Serving the Advancement Community Since 1987






  • 4.  RE: DAF "payment" from one spouse on a joint pledge

    Posted 12-13-2022 01:15 PM
    Edited by Eric Valdescaro 12-13-2022 01:18 PM
    Yes, thank you Teresa and John.  That is why I put "payment" in quotes and referenced the contribution as a DAF gift in my post.  I didn't want to state the obvious, but we do not apply the DAF gift as a payment on the pledge.  Sorry I wrote "enter DAF gift as joint."  I meant enter the DAF gift (under the DAF entity of course) but apply soft credit to both spouses.

    Again, my question is, if the pledge was made by the donors as joint, and you know the intent of the donor was that they want the advised gift to alleviate their obligation, and their obligation was made jointly, would you enter give soft credit to both spouses (since the pledge was joint), or would you only gift soft credit to the spouse referenced in the DAF paperwork.

    Thank you,
    Eric

    ------------------------------
    Eric Valdescaro
    Senior Director, Advancement Services
    University of Memphis
    eric.valdescaro@memphis.edu
    ------------------------------



  • 5.  RE: DAF "payment" from one spouse on a joint pledge

    Posted 12-13-2022 01:30 PM
    The pledge question aside, whenever I receive a DAF gift, I always issue soft credit to both spouses as long as they are linked in the relationship table, and they have not told me to only issue soft credit to one.

    John

    John H. Taylor
    Principal
    John H. Taylor Consulting, LLC
    2604 Sevier St.
    Durham, NC   27705
    919.816.5903 (cell/text)

    Serving the Advancement Community Since 1987







  • 6.  RE: DAF "payment" from one spouse on a joint pledge

    Posted 12-13-2022 02:02 PM
    We would soft credit both spouses.

    --
    Thomas Chaves
    Associate VP for Advancement Operations
    Office of Advancement
    Saint Joseph's University
    5600 City Avenue, Philadelphia, PA 19131

    O: 610-660-1255 | M: 610-316-6541 | tchaves@sju.edu
    SJU.edu





  • 7.  RE: DAF "payment" from one spouse on a joint pledge

    Posted 12-13-2022 01:15 PM

    Ignoring the pledge payment issue for the moment, we have created "associated-primary" and "associated-joint" credit types for gifts such as this. So if the DAF is only referencing one person, that person would get the "associated-primary" credit, and the spouse the "associated-joint" even if not listed on the check. The DAF would get our primary/legal credit. (And if we WERE applying as payment on a pledge, we would still follow this rule, just as if the spouse made the payment on a credit card.)

     

    --Jodie

    Jodie M. Ralston
    Executive Director, Advancement Services
    Advancement and External Affairs

    T 315.443.1718
    jralston@syr.edu

    Syracuse University Forever Orange The Campaign for Syracuse University

     






  • 8.  RE: DAF "payment" from one spouse on a joint pledge

    Posted 12-13-2022 05:11 PM
    Thanks all for your responses.  This helps. πŸ‘

    ------------------------------
    Eric Valdescaro
    Senior Director, Advancement Services
    University of Memphis
    eric.valdescaro@memphis.edu
    ------------------------------