[ASK AN EXPERT] In Which Year Are Gifts Made On Or Before December 31, But Received In January, Counted?
Bloomerang
DECEMBER 9, 2022
Our auditors later told us the gifts should have been recorded as pledges, with the payment showing as being applied in the new year. The donor sends the check via alternative private delivery service like UPS or FedEx. This is true even if the check isn’t deposited or cashed until January. The donor completes a gift via text.
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