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Reply To: DAF Gifts: Budget/Financial Docs vs Fundraising Report Confusion

Hi, Joseph, I ran into a similar issue, with the same confusion over how the development staff categorized funding and how the finance team did.…

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Reply To: DAF Gifts: Budget/Financial Docs vs Fundraising Report Confusion

Hi Joseph, This is an area we also spend a lot of time thinking about, and how to better create clarity in terms of grants…

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Reply To: DAF Gifts: Budget/Financial Docs vs Fundraising Report Confusion

In the short term, perhaps you could create a journal entry on a monthly basis to redirect the DAF portion of grants to the account/cost…

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Reply To: DAF Gifts: Budget/Financial Docs vs Fundraising Report Confusion

Hi Joseph, I’m on the finance side of an organization with a similar systems arrangement: QuickBooks and Salesforce, where the systems are not linked and…

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Reply To: from Lisa who would like to know about crediting DAF gifts

I would agree with Kendell. The entity/person listed as the checking account holder is the donor/grantor. The soft credit is the optional record for tracking…

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50/50 Fundraiser Ticket sales Revenue/Expense Question

Weekly we sold tickets for a 50/50 “pot” for several months and now have a winner. My question is should the weekly revenue be split…

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Reply To: Multi year grant with a budget

Awesome. thank you both for your reply.

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Reply To: Multi year grant with a budget

I agree with Wade’s response, but an exception might be if your application had promised that certain named individuals who might be experts in a…

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DAF Gifts: Budget/Financial Docs vs Fundraising Report Confusion

Hi All, I work in fundraising and handle the Annual Fund and Annual Fundraiser for our organization. While I took finance related classes in my…

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Reply To: from Lisa who would like to know about crediting DAF gifts

We record the donation under the donor account (on Salesforce) but provide the payment credit/payer to the DAF. We then send just a thank you…

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