A donor recently transferred ownership of Israel Bonds to us. They have varying maturity dates, at which point we will cash them and add to the donor's endowed fund.
I'm looking for advice on how to book these. Do I book them as a non-cash gift, at the value they will have as of the maturity date? or the value as of when ownership was transferred?
Any advice would be great, thanks!
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Abbey Soclof
Yeshiva University
abbey.soclof@yu.edu------------------------------