Latest in the Community

I would process it as the date your team received the gift. How would your team treat a donation by check or credit card that say "got lost" for a couple ... More

Thank you, Isaac for your quick response! I was leaning the same way as this would involve more efforts in recording then leading to future data/stewardship ... More

Depending on advice from Counsel and your CFO, I imagine that if it were necessary for you to offer this arrangement, they could draft a gift agreement ... More

I think that is correct although you will want to confirm with your CFO. It is also possible the funds could be considered taxable income to the recipient. ... More