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  • 1.  Revising a pledge agreement

    Posted 11-11-2022 09:09 AM
    I don't think there is a right or wrong answer for this, but curious how you would handle this situation.  I have a donor who is in year 5 of a 10 yr gift agreement.  They are now doubling their payments for the reminder of the pledge and extending it by one year.  Would you revised the existing agreement  or create a new agreement with the additional amount?  I'm leaning towards the later for cleaner gift entry and tracking.

    - Beth

    ------------------------------
    Beth Friedmann
    Director of Development Operations
    American Jewish World Service
    bfriedmann@ajws.org
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  • 2.  RE: Revising a pledge agreement

    Posted 11-11-2022 09:12 AM
    I would not go through all of that.  I would amend the original agreement and modify the current pledge to reflect the new payment plans.

    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


  • 3.  RE: Revising a pledge agreement

    Posted 11-11-2022 09:33 AM
    To accurately capture/count the new/additional amount in the current year, I would create a new agreement . . . that agreement would/could refer to the original agreement and be tied to the new pledge . . . i would also make sure that when pledge reminders are generated, they are combined so that that doesn't confuse the donor


    --
    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



    Original Message


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