Where to apply a match on a gift from DAF?

Coral Henthorne

We recently received 4 gifts on a check from The Benevity Community Impact Fund.  Benevity partners with Donor Advised Funds and issues a tax receipt.  (It reminds me of Razoo) 

So the chart shows me:

 Patricipating Corporation, Donor Name, Amount and Match amount. 

 I put the gift in from Benevity and soft credited the donors. This check also included a match from Ameriprise Financial.  Where do I put this match???  I have never had a DAF fund check along with matching funds.  Hoping someone has and can help!!!

 

Coral Logan-Gift Processing Specialist

JoAnn Strommen

Coral Henthorne:

We recently received 4 gifts on a check from The Benevity Community Impact Fund.  Benevity partners with Donor Advised Funds and issues a tax receipt.  (It reminds me of Razoo) 

So the chart shows me:

 Patricipating Corporation, Donor Name, Amount and Match amount. 

 I put the gift in from Benevity and soft credited the donors. This check also included a match from Ameriprise Financial.  Where do I put this match???  I have never had a DAF fund check along with matching funds.  Hoping someone has and can help!!!

 

Coral Logan-Gift Processing Specialist

It's never just straightforward

We have similar scenario.  I soft-credit the "matching $" to the employer who it comes from.  It does not show on their gift tab as MG - just shows as  Cash-SC.  I note in the reference for the gift who received SC with MG by that co name.  I know SC are on the gift but having it in the reference field works well for me. I could SC employee who requested the match for the matching amount also but I don't as it's not needed for our records at this point.

If I'm remembering correctly there are some limits on what RE allows one to do when it comes to MG and SC combinations. 

Coral Henthorne

JoAnn Strommen:

It's never just straightforward

We have similar scenario.  I soft-credit the "matching $" to the employer who it comes from.  It does not show on their gift tab as MG - just shows as  Cash-SC.  I note in the reference for the gift who received SC with MG by that co name.  I know SC are on the gift but having it in the reference field works well for me. I could SC employee who requested the match for the matching amount also but I don't as it's not needed for our records at this point.

If I'm remembering correctly there are some limits on what RE allows one to do when it comes to MG and SC combinations. 

Thanks JoAnn.  Anyone else out there?  This has had to happen to different organizations before so I am just trying to get a few more answers/help/suggestions.

 

Thanks.