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Cash and Conditional Pledge

  • 1.  Cash and Conditional Pledge

    Posted 13 days ago
    Hello,

    Quick question that applies mainly to Banner schools. If my $20m pledge is:
    $6m conditional
    $14m regular cash pledge
    THERES no way to book that under one pledge number, right?

    Thanks for your help! 
    Joy


    ------------------------------
    Joy Seick
    Associate Director Gifts and Records Processing
    Miami University
    seickj@miamioh.edu
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  • 2.  RE: Cash and Conditional Pledge

    Posted 13 days ago
    You are correct.  The challenge is that the system isn't set up to feed only portions of a pledge.  While you can split a pledge between multiple funds, the conditional flag sits (I believe) on top of the pledge and not at the individual account level.

    Additionally, many institutions exclude conditional pledges from official fundraising reports (that's an institutional decision).  That complicates matters.

    As there are such big differences in accounting AND counting for enforceable and conditional pledges, it seems reasonable to record both independently.

    John


    John H. Taylor
    Principal
    John H. Taylor Consulting, LLC
    2604 Sevier St.
    Durham, NC   27705
    919.816.5903 (cell/text)

    Serving the Advancement Community Since 1987






  • 3.  RE: Cash and Conditional Pledge

    Posted 13 days ago
    Correct . . . the 'conditional' attribute (pledge category) is at the pledge level . . .

    What we would do is to enter them as two pledges with the same date so that on certain reporting (e.g. donor stewardship) the full $20m is reported but for other reporting (e.g. campaign reporting), it will break out the two pledges as conditional vs. not.

    Thanks.

    Tom

    --
    Thomas Chaves
    Associate VP for Advancement Operations
    Office of Advancement
    Saint Joseph's University
    5600 City Avenue, Philadelphia, PA 19131

    O: 610-660-1255 | M: 610-316-6541 | tchaves@sju.edu
    SJU.edu