We record the gift as what we received, but our CRM allows us to also have a recognition amount on that gift-the amount the donor intended. Since they have already been receipted and we are only sending soft-credit letters, we use the recognition amount in those letters.
Jodie M. Ralston Executive Director, Advancement Services Advancement and External Affairs
T 315.443.1718 F 315.443.2874 email@example.com
Thanks for your insight on this Isaac. We now need to decide what makes the most sense.
Associate Director of Data Services
The University of CT Foundation, Inc.
2390 Alumni Drive Storrs, CT 06269-3206
While I understand that our organization hasn't entered into a contract with Benevity, the gifting organization has. I believe that there is a cost of doing business, as well as the cost of the gift. If a donor has to use a Benevity provided platform to get a gift match, why should we penalize them for the fees associated with the gift? I think that it can depend on the gift, but I would be careful how we account for these things. The CRM database is not the GL, so I think there is a case to be made either way.
It is a slippery slope.
Dariel Dixon | Business Analyst
Rex Healthcare Foundation
2500 Blue Ridge Road, Suite 325
Raleigh, NC 27607
Dariel.Dixon@unchealth.unc.edu | (919) 784-7689