Discrepancy between Matching Gift Pledge amount and Payout

Marcela Santos

I'm having trouble figuring out how reconcile pledges/payout for a company (specifically Network for Good if anyone has ever had this problem before).



There is usually a small administrative fee on the lump sum monthly payout, so the the gift amount is a few dollars short of the total sum of the pledges.  Has anyone else ever encountered this issue?

Nicole S

I feel like I'm seeing some of this recently with employee giving though United way in the past year or 2.  many companies have started matching the payroll deductions and I've started having some problems figuring out which portions are for which donor and it doesn't help that there are fees or that sometimes the match comes sooner than the payroll deduction. 



I think this is a case where you just have to write it off.

David O'Brien

My two cents - with Network for Good, I would enter the whole gift amount in RE and consider their fee to be a cost of doing business. Enter it as a gift at the time the donation is made, not as a pledge.You can then run a monthly report from the NFG site to balance with finance.

Nicole S

I thought she was referring to matching gifts -- in which case she kind of has to use a pledge if she wants to enter it properly.

David O'Brien

Ah, if it's a matching gift, yes. Wasn't aware that NFG were involved in these.