Meet the Blog’s Host
Hank Lewis with Development Consultant Associates has over thirty years as a fundraising consultant and is a specialist in Board and Leadership Development, Capital Campaign, Bequest Program and Major Gifts. [Read more ...]Accounting For Fundraising
Recording Year-End Checks/Gifts to Nonprofits
A reader asked: If my 501 (c) 3 organization receives a check/donation in January 2012 (postmark is also for January 2012), but the check has a December 2011 date, is it correct that we are to record that donation as 2012 income … even though the intent of the donor may be for the gift [...]
Accounting for Fundraising: Recording the Gift/Expense
Not long ago, we received an email with a “programs-vs-finance” question…. “Finance is telling me that once a grant is approved it should be listed in the GL immediately, because it becomes a liability not to do so. “We have always waited for the grant award letter to be returned before actually marking the grant “approved,” in case a [...]
