contribution using charitable donation
Posted: Tue Jul 02, 2019 11:37 am
I am really not sure the subject is clear but here goes. PC v12 here,
1. If we have a member that "pledges" to a fund or funds then pays that pledge with an investment company how do I count this as contributions, and have it show up as a pledged amount for each fund but not show on their contribution statement. ie. $14.000 from Allen & Company from Joe Smith to pay for 1. pledge, 2. music campaign, 3. pastors fund designation, and so on.
2.And we run a soup kitchen, every Saturday volunteers will buy, cook and serve food for the homeless. Most will get reimbursements but some (members and non members) will turn in receipts and say keep it as a donation. I understand we should write a check and they need to sign the back, and we will then deposit. This is somewhat easier for a member but a non member will usually just drop the receipt and go. What do we do with those refusing a check or reimbursement? Is there a way to do this and show that expense for the soup kitchen?
Not sure if I made myself clear.......
Robin
1. If we have a member that "pledges" to a fund or funds then pays that pledge with an investment company how do I count this as contributions, and have it show up as a pledged amount for each fund but not show on their contribution statement. ie. $14.000 from Allen & Company from Joe Smith to pay for 1. pledge, 2. music campaign, 3. pastors fund designation, and so on.
2.And we run a soup kitchen, every Saturday volunteers will buy, cook and serve food for the homeless. Most will get reimbursements but some (members and non members) will turn in receipts and say keep it as a donation. I understand we should write a check and they need to sign the back, and we will then deposit. This is somewhat easier for a member but a non member will usually just drop the receipt and go. What do we do with those refusing a check or reimbursement? Is there a way to do this and show that expense for the soup kitchen?
Not sure if I made myself clear.......
Robin