Splitting Event Ticket Gifts Between Deductible and Non-deductible

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Hi all,

My Finance team has requested that we start posting the deductible and non-deductible portion of event ticket and table purchases to separate GLs. Their first idea is to use split gifts, which is not ideal since it would mean redoing all of our queries, exports and reports to use fund amount instead of gift amount.

The other idea is to enter 2 separate gifts, one for deductible amount and the other for the non-deductible. This wouldn't be hard to do, but it would make our receipts confusing for the donor and makes taking gifts through OLX challenging.

Does anyone do this, or has anyone encountered a request like this?

For reference, we self-host RE7 and Finance uses NetSuite.

Thank you!

Comments

  • are you talking about the receipt value of the tickets or about an additional donation. If you are talking about the receipt value you can add the amount to the benefit area of the gift record and when you print a receipt just include the amount paid and the benefit value.

    If you are talking about an additional donation above the cost of the ticket then you should add them in as 2 separate gifts this way they can be assigned to the different GL accounts.
  • This would be for a ticket or table purchase with no additional donation.

    For example, let's say a table costs $10,000 and the non-deductible amount is $2,000. We would need $8,000 to post to one GL and $2,000 to post to another.

  • that still seems to be a benefit value of the ticket, but if you finance department wants you to enter the amount with 2 GL, it would be your preference on if you want to enter them as a split gift or 2 gifts. You can export them either way and can always add the donation portion as the receipt value of the registration.
  • Hi!

    We do it as split gifts. We create one fund for the donation and then another fund for the benefit. The benefit fund we only use non-donation GL revenue accounts so that the gift can be entered with the gift type of Cash.

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