3rd Party Matching Gift

Lisa Slawinski:

 

Lisa Slawinski:

Hi Community,


Forgive me if this question has been posted in the past, I couldn't find anything that specifically answers my question.


Essentially, I'm looking for suggestions on how to proceed:


We recently decided that in order to satisfy a matched gift request from a third party, instead of entering the 3rd Party Company Name into the Batch, we enter the Company who is making the match (we then make a note in the Item Description field of the 3rd Party Name).   While this currently works for us, I've noticed past matches for this Company were made under the 3rd Party, so the individual matches are not satisfied and the Company has a balance of a few thousand dollars in matched gifts..  What is the best way to record these matches? I'm not aware of a way to enter the match in the MG record or even to zero them out.  What am I missing?


Thoughts?


Lisa 

 

Hi Christine,


Thanks for your response, but it addresses just the first part of my question.


My conundrum may be easier explained if I use names:


JustGive.org used to be the 3rd Party payor for Company A.  Up until the spring of this year, employees made gifts and Company A was matching them through JustGive.org.  Company A has since switched to another 3rd Party payor BrightFunds.  In the past (before my time), employee gifts and their company's pledges were entered under Company A's name.  So far, so good.  When the matches were made by Company A through the JustGive, JustGive's name was entered into the batch, not Company A, thereby leaving us with thousands of dollars in unsatisfied pledges that have technically been paid.  I know an option is to merge all of the JustGive's gifts (since they are only for Company A), into Company A's record, but that still leaves me with pledge balances.  HELP!


Sara--most 3rd party payors did not require a tax receipt for the Company's gift.  Most of the fine print directs where the tax receipt should go if one is required.


Lisa