FundSvcs Community

Colleagues, I know well that we have not historically given fundraisers or fundraising credit for market increases in gifts that have already been made. However, I have a client with a fundraiser insisting that on the fundraising side that is not (no longer?) the case, at least for PGs that have been committed but not yet received. They're a small university and the fundraiser has talked to at least three peers at other universities and is saying, in summary, the bequest gift committed to years ago now has a new market value of $XXX,000 and the fundraiser and their fundraising should be credited with the difference/increase in market value. (again, PG commitment made and recorded but donor still living and so PG not yet received; also, no word from the fundraiser about how they feel if the market value had gone down!)

This fundraiser has gone so far as to state that one of the institutions he checked with has a policy that says such credit can be given under the following policy:

• Minimum of 4 years since the gift was established
• Increase has to be at least that of a major gift
• Requires documentation. Bequest, Account Balances, Etc..
• DO gets credit for the difference

So the question is, of course: Thoughts?  Has your institution done this, have you heard of others doing this? The advancement services team is pushing back but the fundraiser keeps naming other institutions doing this, so has the protocol on this changed? (the AS person followed up with those three people and those institutions are doing this, the fundraiser is not making this up -- they're entering the increases as new gifts)

Finally, thoughts on giving a different fundraiser credit?  The fundraiser requesting the credit did not raise the original commitment but is currently the assigned fundraiser to the donor and the extent of their work on this is just a meeting with the donor during which this increase in market value was disclosed, not a solicitation for new gift.

Thanks!

Bill

Colleagues, I know well that we have not historically given fundraisers or fundraising credit for market increases in gifts that have already been made. However, I have a client with a fundraiser insisting that on the fundraising side that is not (no longer?) the case, at least for PGs that have been committed but not yet received. They're a small university and the fundraiser has talked to at least three peers at other universities and is saying, in summary, the bequest gift committed to years ago now has a new market value of $XXX,000 and the fundraiser and their fundraising should be credited with the difference/increase in market value. (again, PG commitment made and recorded but donor still living and so PG not yet received; also, no word from the fundraiser about how they feel if the market value had gone down!)

This fundraiser has gone so far as to state that one of the institutions he checked with has a policy that says such credit can be given under the following policy:

• Minimum of 4 years since the gift was established
• Increase has to be at least that of a major gift
• Requires documentation. Bequest, Account Balances, Etc..
• DO gets credit for the difference

So the question is, of course: Thoughts?  Has your institution done this, have you heard of others doing this? The advancement services team is pushing back but the fundraiser keeps naming other institutions doing this, so has the protocol on this changed? (the AS person followed up with those three people and those institutions are doing this, the fundraiser is not making this up -- they're entering the increases as new gifts)

Finally, thoughts on giving a different fundraiser credit?  The fundraiser requesting the credit did not raise the original commitment but is currently the assigned fundraiser to the donor and the extent of their work on this is just a meeting with the donor during which this increase in market value was disclosed, not a solicitation for new gift.

Thanks!

Bill

Colleagues, I know well that we have not historically given fundraisers or fundraising credit for market increases in gifts that have already been made. However, I have a client with a fundraiser insisting that on the fundraising side that is not (no longer?) the case, at least for PGs that have been committed but not yet received. They're a small university and the fundraiser has talked to at least three peers at other universities and is saying, in summary, the bequest gift committed to years ago now has a new market value of $XXX,000 and the fundraiser and their fundraising should be credited with the difference/increase in market value. (again, PG commitment made and recorded but donor still living and so PG not yet received; also, no word from the fundraiser about how they feel if the market value had gone down!)

This fundraiser has gone so far as to state that one of the institutions he checked with has a policy that says such credit can be given under the following policy:

• Minimum of 4 years since the gift was established
• Increase has to be at least that of a major gift
• Requires documentation. Bequest, Account Balances, Etc..
• DO gets credit for the difference

So the question is, of course: Thoughts?  Has your institution done this, have you heard of others doing this? The advancement services team is pushing back but the fundraiser keeps naming other institutions doing this, so has the protocol on this changed? (the AS person followed up with those three people and those institutions are doing this, the fundraiser is not making this up -- they're entering the increases as new gifts)

Finally, thoughts on giving a different fundraiser credit?  The fundraiser requesting the credit did not raise the original commitment but is currently the assigned fundraiser to the donor and the extent of their work on this is just a meeting with the donor during which this increase in market value was disclosed, not a solicitation for new gift.

Thanks!

Bill

Colleagues, I know well that we have not historically given fundraisers or fundraising credit for market increases in gifts that have already been made. However, I have a client with a fundraiser insisting that on the fundraising side that is not (no longer?) the case, at least for PGs that have been committed but not yet received. They're a small university and the fundraiser has talked to at least three peers at other universities and is saying, in summary, the bequest gift committed to years ago now has a new market value of $XXX,000 and the fundraiser and their fundraising should be credited with the difference/increase in market value. (again, PG commitment made and recorded but donor still living and so PG not yet received; also, no word from the fundraiser about how they feel if the market value had gone down!)

This fundraiser has gone so far as to state that one of the institutions he checked with has a policy that says such credit can be given under the following policy:

• Minimum of 4 years since the gift was established
• Increase has to be at least that of a major gift
• Requires documentation. Bequest, Account Balances, Etc..
• DO gets credit for the difference

So the question is, of course: Thoughts?  Has your institution done this, have you heard of others doing this? The advancement services team is pushing back but the fundraiser keeps naming other institutions doing this, so has the protocol on this changed? (the AS person followed up with those three people and those institutions are doing this, the fundraiser is not making this up -- they're entering the increases as new gifts)

Finally, thoughts on giving a different fundraiser credit?  The fundraiser requesting the credit did not raise the original commitment but is currently the assigned fundraiser to the donor and the extent of their work on this is just a meeting with the donor during which this increase in market value was disclosed, not a solicitation for new gift.

Thanks!

Bill

Colleagues, I know well that we have not historically given fundraisers or fundraising credit for market increases in gifts that have already been made. However, I have a client with a fundraiser insisting that on the fundraising side that is not (no longer?) the case, at least for PGs that have been committed but not yet received. They're a small university and the fundraiser has talked to at least three peers at other universities and is saying, in summary, the bequest gift committed to years ago now has a new market value of $XXX,000 and the fundraiser and their fundraising should be credited with the difference/increase in market value. (again, PG commitment made and recorded but donor still living and so PG not yet received; also, no word from the fundraiser about how they feel if the market value had gone down!)

This fundraiser has gone so far as to state that one of the institutions he checked with has a policy that says such credit can be given under the following policy:

• Minimum of 4 years since the gift was established
• Increase has to be at least that of a major gift
• Requires documentation. Bequest, Account Balances, Etc..
• DO gets credit for the difference

So the question is, of course: Thoughts?  Has your institution done this, have you heard of others doing this? The advancement services team is pushing back but the fundraiser keeps naming other institutions doing this, so has the protocol on this changed? (the AS person followed up with those three people and those institutions are doing this, the fundraiser is not making this up -- they're entering the increases as new gifts)

Finally, thoughts on giving a different fundraiser credit?  The fundraiser requesting the credit did not raise the original commitment but is currently the assigned fundraiser to the donor and the extent of their work on this is just a meeting with the donor during which this increase in market value was disclosed, not a solicitation for new gift.

Thanks!

Bill

Colleagues, I know well that we have not historically given fundraisers or fundraising credit for market increases in gifts that have already been made. However, I have a client with a fundraiser insisting that on the fundraising side that is not (no longer?) the case, at least for PGs that have been committed but not yet received. They're a small university and the fundraiser has talked to at least three peers at other universities and is saying, in summary, the bequest gift committed to years ago now has a new market value of $XXX,000 and the fundraiser and their fundraising should be credited with the difference/increase in market value. (again, PG commitment made and recorded but donor still living and so PG not yet received; also, no word from the fundraiser about how they feel if the market value had gone down!)

This fundraiser has gone so far as to state that one of the institutions he checked with has a policy that says such credit can be given under the following policy:

• Minimum of 4 years since the gift was established
• Increase has to be at least that of a major gift
• Requires documentation. Bequest, Account Balances, Etc..
• DO gets credit for the difference

So the question is, of course: Thoughts?  Has your institution done this, have you heard of others doing this? The advancement services team is pushing back but the fundraiser keeps naming other institutions doing this, so has the protocol on this changed? (the AS person followed up with those three people and those institutions are doing this, the fundraiser is not making this up -- they're entering the increases as new gifts)

Finally, thoughts on giving a different fundraiser credit?  The fundraiser requesting the credit did not raise the original commitment but is currently the assigned fundraiser to the donor and the extent of their work on this is just a meeting with the donor during which this increase in market value was disclosed, not a solicitation for new gift.

Thanks!

Bill

Colleagues, I know well that we have not historically given fundraisers or fundraising credit for market increases in gifts that have already been made. However, I have a client with a fundraiser insisting that on the fundraising side that is not (no longer?) the case, at least for PGs that have been committed but not yet received. They're a small university and the fundraiser has talked to at least three peers at other universities and is saying, in summary, the bequest gift committed to years ago now has a new market value of $XXX,000 and the fundraiser and their fundraising should be credited with the difference/increase in market value. (again, PG commitment made and recorded but donor still living and so PG not yet received; also, no word from the fundraiser about how they feel if the market value had gone down!)

This fundraiser has gone so far as to state that one of the institutions he checked with has a policy that says such credit can be given under the following policy:

• Minimum of 4 years since the gift was established
• Increase has to be at least that of a major gift
• Requires documentation. Bequest, Account Balances, Etc..
• DO gets credit for the difference

So the question is, of course: Thoughts?  Has your institution done this, have you heard of others doing this? The advancement services team is pushing back but the fundraiser keeps naming other institutions doing this, so has the protocol on this changed? (the AS person followed up with those three people and those institutions are doing this, the fundraiser is not making this up -- they're entering the increases as new gifts)

Finally, thoughts on giving a different fundraiser credit?  The fundraiser requesting the credit did not raise the original commitment but is currently the assigned fundraiser to the donor and the extent of their work on this is just a meeting with the donor during which this increase in market value was disclosed, not a solicitation for new gift.

Thanks!

Bill