Best Of
Re: Stripe Fees
I'm curious about this as well…We haven't been charging the stripe fee back to the fund but were discussing doing this going forward.
Credit Card Services for Managed Funds
For fundholders that fundraise to grow their fund, do you pass on the credit card fees to the fund? If so, how and when do you expense the fee to the fund (a quarterly journal entry, manual admin fee…)?
What tool does your foundation use to manage contacts?
Hello,
We are a private foundation and use GLM to manage our grantmaking. We are evaluating how we manage contacts at our organization, and are interested in learning how other foundations using GLM are managing contacts. What do you use?
Emergency scholarship funds
Good morning,
Do any of you provide scholarship students with emergency funds (funds for living expenses, emergency school expenses, etc.)? If so, what is your process like? What are the pros and cons of a program like this?
Thank you!
Robin Cowles
Fremont Area Community Foundation, MI
Re: Is your Foundation using a Letter of Intent to screen grant applicants? If yes, how?
Can anyone share some of the questions they use in the LOI process? We have been using it as a pre-application, but are finding we need to beef up our questions for the the LOI to actually be helpful. Thank you!
Recording a spendable to Deferred Revenue account
Hi, I'm trying to find a way to record a funds 2024 spendable to another fund as Deferred Revenue. We've been granted XXX dollars from this year to spend on an IT upgrade that will happen in 2025. To keep our budget balanced, I would like to defer the revenue until next year when the expense will take place.
Any suggestions? Thank you in advance.
Brenda Chamberlain
