Hello FundSvcs Community – seeking feedback from the group regarding the following scenario. Has anyone experienced the type of donation documented below?
A donor is pledging to construct a building. The charitable organization will lease space in the building for 10 years. After the 10 year period, the donor pledges to donate the building to the charitable organization.
Can a pledge be recorded to count the building value in attainment before the 10 year period is complete?If not, are there options to recognize the donor before the building is transferred to the charitable organization?Thanks.