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  • 1.  Gift processing--pledges

    Posted 11-16-2022 04:31 PM
    Hello everyone,

    We are currently in the process of reviewing our gift processing procedures. I am curious to see how you handle "pledges" when there is a signed agreement for a one-time donation to be made at a later date. Do you enter it as a pledge in your database or do you wait until you receive the gift to process it as a one-time gift? If you enter it as a one-time gift, who has the mandate to ensure that the money is paid by the donor?

    Thank you!


    ------------------------------
    Eric Allard
    Director, Advancement services
    Université de Montréal
    eric.allard@umontreal.ca
    ------------------------------


  • 2.  RE: Gift processing--pledges

    Posted 11-16-2022 04:35 PM
    I always advise recording the pledge - unless the check comes with it!

    Otherwise, it is a bonafide commitment that belongs in your CRM and on your GL.

    I instruct my clients to record the pledge with the anticipated payment date as a single payment schedule.  It then becomes "our" responsibility to issue pledge reminders under standard reminder protocols.  Hopefully, those are fully automated.

    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




    Original Message


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