Long Term Pledges

Matthew Smith 5

Hello,


When our organization accepts a pledge that will have installments beyond 5 years, we calculate an NPV.  We then wish to report out the NPV value instead of the book value. Do any other organizations discount pledges in a similar way?  How do you record the pledge?  If we set the gift amount as the NPV amount, then the pledge could be paid off before final installment comes in.  We could use the Planned Gift gift type, which has an NPV field, but then we have to deal with the double counting issue inherent in that, and the baked in reporting doesn't use the NPV anyways.  Any help is appreciated!


Thanks,

Matt

James Andrews

I think your only option is an attribute and some custom reporting. You could repurpose the receipt amount field with some other indicator (subtype maybe?) that it's a long term pledge, and it would be fairly easy to accommodate for in whatever reporting software you're using.