FundSvcs Community

 View Only
  • 1.  Federal Grants - are they countable using CASE standards

    Posted 11-14-2024 02:04 PM

    Hello all!

     

    We are in the process of engaging an outside consulting firm to assist the university with securing federal grants.  I have always been under the assumption that federal grants are not to be counted on our gift reports if we are using CASE standards.  Has that changed or am I not understanding this correctly?  I want to ensure we continue to report accurately using CASE guidelines.

     

    Thanks in advance for any input you may wish to share.

     

    Scott

     

    Scott L. Billhartz '85

    Senior Director of Advancement Services and Stewardship

    McKendree University

    701 College Road

    Lebanon, IL 62254

    (618) 537-6869

    slbillhartz@mckendree.edu

    www.mckendree.edu

     

    Providing a high quality educational experience to outstanding students.

    Academic Excellence--Engagement--Responsible Citizenship--Lifelong Learning

     

    Description: Description: McKendree-Logo-for-email-si

     

     

     



  • 2.  RE: Federal Grants - are they countable using CASE standards

    Posted 11-14-2024 03:14 PM
    Government funds of any sort continue to be excluded from VSE reporting. The institution may, however, opt to include certain government funds in campaign totals provided they are accounted for in the original campaign goal and allowed for in your campaign counting standards.

    John

    John H. Taylor
    919.816.5903 (Cell/Text)

    Big Ideas - Small Keyboard





  • 3.  RE: Federal Grants - are they countable using CASE standards

    Posted 11-14-2024 04:37 PM

    Thank you, John.  Your wise counsel is always appreciated.

     

    Scott

     

     






  • 4.  RE: Federal Grants - are they countable using CASE standards

    Posted 11-14-2024 04:42 PM
    If I recall correctly, the change in opportunity to count certain federal grants in fundraising totals relates to FASB standards update as reflected in ASU 2018-18

    Bakey-Tilly provides a good interpretation and summary of those changes which I found a bit easier to digest than the original FASB doc...  

    Good luck and best regards - Amy

    Founding, Charter and Active member of AASP!





  • 5.  RE: Federal Grants - are they countable using CASE standards

    Posted 11-14-2024 04:43 PM
    Ooops - Baker-Tilly.  





  • 6.  RE: Federal Grants - are they countable using CASE standards

    Posted 11-14-2024 06:58 PM

    Amy,

     

    I appreciate the added information!  Thank you!

     

    Scott

     

    Scott Billhartz

    McKendree University

    618-537-6869

     

     






  • 7.  RE: Federal Grants - are they countable using CASE standards

    Posted 11-15-2024 11:09 AM
    Scott, I now have the CASE Standards in front of me and can speak a bit more precisely.

    CASE has not changed its stance on counting government funds of any type. CASE reiterates this fact on pages 5 and 57 of the Global Standards. Page 5 references "changes" brought forth in the new editions. And there it states:

    "Clearer guidance that government grants--whether from local, state, or federal levels or from sovereign tribal nations--are not counted toward fundraising totals."

    There is a bit more on page 5 and much more on page 57.

    However, page 50, paragraph 5.2.5, is where it gets a bit fluid. In this section, CASE acknowledges "those rare cases where campaigns opt to include some government funding, that departure from CASE standards should be noted in institutional campaign counting policies and footnoted as a departure in official fundraising reports."

    These words were not included due to any accounting changes-or even a change in CASE Standards. Rather, CASE knows that some institutions do count some government funding. However, some institutions have not noted their departure from national standards. Therefore, CASE added this section to reemphasize that we should not count those funds. But if we do, we should "come clean" internally and externally about our departure.

    John

    John H. Taylor, Principal
    John H. Taylor Consulting, LLC
    2604 Sevier Street
    Durham, NC     27705

    919.816.5903 (cell/text)

    Serving the Advancement Community Since 1987







  • 8.  RE: Federal Grants - are they countable using CASE standards

    Posted 11-15-2024 11:48 AM

    John,

     

    Thank you so much for the extra information.  I thought CASE's stance was that government funds should NOT be included in fundraising totals.  Thanks again for confirming and including the details from the CASE Standards.  I agree that giving totals should be carefully documented to remain transparent if such funds are included in totals raised.  I appreciate your follow-up information.

     

    Scott

     

    Scott Billhartz

    McKendree University