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School Tally Sheet Interworld Fundraising  Form

School Tally Sheet Interworld Fundraising Form

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Instructions and help about School Tally Sheet Interworld Fundraising

[Music] hi I'm Sandy Ray founder of Sandra e Ray CPA where we alleviate Financial headaches so that you can create a bigger impact today we're talking about accounting for pledged gifts a great fundraising strategy is to get commitments from donors for gifts in the future in the accounting world we call this pledges and pledges can take many forms they can be conditional or unconditional they can be a lump sum for some future payment or it can be a series of payments the form of the Pledge can be a pledge card that somebody fills out just a commit saying what their commitment is it could be a verbal commitment it might even be a legal document like a trust or a will but it's always going to be for some payment in the future so today we are discussing when and how to record these pledged gifts and there's a couple of pitfalls that we need to look out for ing to the US generally accepted Accounting Standards there's some very specific conditions on

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