Hello, could anyone please lend your expertise in telling me how to receipt a person for their life income interest from a pooled income fund? We dissolved a pooled income fund and have an appraisal by PG Calc for roughly $120K fir the life income interest. We are on Raisers Edge/NXT and are thinking we will have to record this as a gift-in-kind?
Thank you!
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Nicole Duncan
Director of Advancement Services
Milwaukee School of Engineering
duncan@msoe.edu------------------------------