Make sure I get credit for the donor’s gift
Bridging the gap between accuracy of Major Gift (or Institutional development) reporting and gift entry / financial reporting is a common objective among our clients. But, no two clients do it the same. This piece of the solution required a lot of discovery and confirmation of several clients to inform the final design. We now have a flexible way to connect funding opportunities to the source codes that define reporting and financial handling of the gifts. It brings together tracking of the ask strategy, which results in a proposal that then leads to the realized gift. Development teams can look at their pipeline report and see all pending asks, the status, expected decision dates, committed amounts and what’s been received so far. They can also see these details for a specific donor’s proposal. Gift Processing is prompted via batch entry to select source codes that map to the funding opportunities that donor has committed to, which we think may cut down on the volume of reclassed donations before closing an account period.