Linking Planned Gifts to a DAF Gift

Philip Mitchell

Hi everyone,

 

We’re running into a situation in Raiser’s Edge and I’m curious how other shops handle it.

We received a $50,000 gift from Bank of America Charitable Gift Fund (DAF), so the hard credit is on the DAF, not the individual donor. However, the gift fulfills two $25,000 planned gifts associated with the individual donor.

 

Because the DAF holds the hard credit, I can’t find a clean way to link the realized amount to each planned gift record.

 

In the past we’ve sometimes $0 out planned gifts once the funds are received, but these records attributes, so I want to make sure we’re handling it correctly.

 

How are others managing this?

• Do you link the planned gift to the DAF gift somehow?
• Mark the planned gift as realized and adjust the amount?
• Handle it another way?

Would love to hear how other institutions track this.

Thanks!