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Hello All,

I'm documenting a Planned Gift counting guidelines for our Gift Acceptance Procedure.  I have found there's been some "funny fundraising" where we have fundraisers actively trying to cancel bequests and "reup" the donors so it can impact current FY fundraising totals.   What is the industry standard when it comes to some example scenarios?

1. Donor makes a $1.5M bequest.  Due to circumstances and relationship with the institution, the donor reduced the bequest to $1M the following year.  A few years later, the fundraiser reengages the relationship and brings the donor back into the fold and the donor increases to $1.75M.  Is this technically 2 PGs of the same bequest?
2. Donor changed intent and canceled the bequest because the fundraiser told them about the program cancellation.  Signed a new bequest agreement in the previous fiscal year with an increase ($1M to $1.6).  Because there were some documentation issues internally that weren't resolved by the PFY, leadership wants the date to reflect in CFY numbers for the full $1.6.  Should the original $1M stay as is and then book the additional 600K in PFY or CFY?
3. Valuation – Although I cited valuation guidelines from NACGP, I still receive pushback on increasing the planned gift based on valuation. Hence I want to focus on counting and reporting.
4. Any other common scenarios I should be aware of when it comes to increases, decreases, and intent change when it comes to counting them in the current FY versus just an adjustment of the original planned gift? 

I greatly appreciate anyone's insight.

Thank you so much,

Michele

Hello All,

I'm documenting a Planned Gift counting guidelines for our Gift Acceptance Procedure.  I have found there's been some "funny fundraising" where we have fundraisers actively trying to cancel bequests and "reup" the donors so it can impact current FY fundraising totals.   What is the industry standard when it comes to some example scenarios?

1. Donor makes a $1.5M bequest.  Due to circumstances and relationship with the institution, the donor reduced the bequest to $1M the following year.  A few years later, the fundraiser reengages the relationship and brings the donor back into the fold and the donor increases to $1.75M.  Is this technically 2 PGs of the same bequest?
2. Donor changed intent and canceled the bequest because the fundraiser told them about the program cancellation.  Signed a new bequest agreement in the previous fiscal year with an increase ($1M to $1.6).  Because there were some documentation issues internally that weren't resolved by the PFY, leadership wants the date to reflect in CFY numbers for the full $1.6.  Should the original $1M stay as is and then book the additional 600K in PFY or CFY?
3. Valuation – Although I cited valuation guidelines from NACGP, I still receive pushback on increasing the planned gift based on valuation. Hence I want to focus on counting and reporting.
4. Any other common scenarios I should be aware of when it comes to increases, decreases, and intent change when it comes to counting them in the current FY versus just an adjustment of the original planned gift? 

I greatly appreciate anyone's insight.

Thank you so much,

Michele

Hello All,

I'm documenting a Planned Gift counting guidelines for our Gift Acceptance Procedure.  I have found there's been some "funny fundraising" where we have fundraisers actively trying to cancel bequests and "reup" the donors so it can impact current FY fundraising totals.   What is the industry standard when it comes to some example scenarios?

1. Donor makes a $1.5M bequest.  Due to circumstances and relationship with the institution, the donor reduced the bequest to $1M the following year.  A few years later, the fundraiser reengages the relationship and brings the donor back into the fold and the donor increases to $1.75M.  Is this technically 2 PGs of the same bequest?
2. Donor changed intent and canceled the bequest because the fundraiser told them about the program cancellation.  Signed a new bequest agreement in the previous fiscal year with an increase ($1M to $1.6).  Because there were some documentation issues internally that weren't resolved by the PFY, leadership wants the date to reflect in CFY numbers for the full $1.6.  Should the original $1M stay as is and then book the additional 600K in PFY or CFY?
3. Valuation – Although I cited valuation guidelines from NACGP, I still receive pushback on increasing the planned gift based on valuation. Hence I want to focus on counting and reporting.
4. Any other common scenarios I should be aware of when it comes to increases, decreases, and intent change when it comes to counting them in the current FY versus just an adjustment of the original planned gift? 

I greatly appreciate anyone's insight.

Thank you so much,

Michele

Hello All,

I'm documenting a Planned Gift counting guidelines for our Gift Acceptance Procedure.  I have found there's been some "funny fundraising" where we have fundraisers actively trying to cancel bequests and "reup" the donors so it can impact current FY fundraising totals.   What is the industry standard when it comes to some example scenarios?

1. Donor makes a $1.5M bequest.  Due to circumstances and relationship with the institution, the donor reduced the bequest to $1M the following year.  A few years later, the fundraiser reengages the relationship and brings the donor back into the fold and the donor increases to $1.75M.  Is this technically 2 PGs of the same bequest?
2. Donor changed intent and canceled the bequest because the fundraiser told them about the program cancellation.  Signed a new bequest agreement in the previous fiscal year with an increase ($1M to $1.6).  Because there were some documentation issues internally that weren't resolved by the PFY, leadership wants the date to reflect in CFY numbers for the full $1.6.  Should the original $1M stay as is and then book the additional 600K in PFY or CFY?
3. Valuation – Although I cited valuation guidelines from NACGP, I still receive pushback on increasing the planned gift based on valuation. Hence I want to focus on counting and reporting.
4. Any other common scenarios I should be aware of when it comes to increases, decreases, and intent change when it comes to counting them in the current FY versus just an adjustment of the original planned gift? 

I greatly appreciate anyone's insight.

Thank you so much,

Michele

Hello All,

I'm documenting a Planned Gift counting guidelines for our Gift Acceptance Procedure.  I have found there's been some "funny fundraising" where we have fundraisers actively trying to cancel bequests and "reup" the donors so it can impact current FY fundraising totals.   What is the industry standard when it comes to some example scenarios?

1. Donor makes a $1.5M bequest.  Due to circumstances and relationship with the institution, the donor reduced the bequest to $1M the following year.  A few years later, the fundraiser reengages the relationship and brings the donor back into the fold and the donor increases to $1.75M.  Is this technically 2 PGs of the same bequest?
2. Donor changed intent and canceled the bequest because the fundraiser told them about the program cancellation.  Signed a new bequest agreement in the previous fiscal year with an increase ($1M to $1.6).  Because there were some documentation issues internally that weren't resolved by the PFY, leadership wants the date to reflect in CFY numbers for the full $1.6.  Should the original $1M stay as is and then book the additional 600K in PFY or CFY?
3. Valuation – Although I cited valuation guidelines from NACGP, I still receive pushback on increasing the planned gift based on valuation. Hence I want to focus on counting and reporting.
4. Any other common scenarios I should be aware of when it comes to increases, decreases, and intent change when it comes to counting them in the current FY versus just an adjustment of the original planned gift? 

I greatly appreciate anyone's insight.

Thank you so much,

Michele

Hello All,

I'm documenting a Planned Gift counting guidelines for our Gift Acceptance Procedure.  I have found there's been some "funny fundraising" where we have fundraisers actively trying to cancel bequests and "reup" the donors so it can impact current FY fundraising totals.   What is the industry standard when it comes to some example scenarios?

1. Donor makes a $1.5M bequest.  Due to circumstances and relationship with the institution, the donor reduced the bequest to $1M the following year.  A few years later, the fundraiser reengages the relationship and brings the donor back into the fold and the donor increases to $1.75M.  Is this technically 2 PGs of the same bequest?
2. Donor changed intent and canceled the bequest because the fundraiser told them about the program cancellation.  Signed a new bequest agreement in the previous fiscal year with an increase ($1M to $1.6).  Because there were some documentation issues internally that weren't resolved by the PFY, leadership wants the date to reflect in CFY numbers for the full $1.6.  Should the original $1M stay as is and then book the additional 600K in PFY or CFY?
3. Valuation – Although I cited valuation guidelines from NACGP, I still receive pushback on increasing the planned gift based on valuation. Hence I want to focus on counting and reporting.
4. Any other common scenarios I should be aware of when it comes to increases, decreases, and intent change when it comes to counting them in the current FY versus just an adjustment of the original planned gift? 

I greatly appreciate anyone's insight.

Thank you so much,

Michele