Entries Tagged 'Ask Belinda' ↓

What Should I Do About Bounced Contribution Checks?

It’s not uncommon for a donor’s contribution to be returned by the bank.  You should have already recorded the donation (date, check #, amount, and fund designation) in your membership database. By all means, you don’t want to try and delete the transaction from your database. Continue reading →

4 Most Important Things That Should Be On Your Contribution Statement

Here are the four most important things that we look for on your contribution statements to make sure they are compliant with IRS guidelines. 1.  Organization’s Name and Address 2.  Donor’s Name (include the address if its available) 3.  Contributions listed Continue reading →

New Year’s Eve Contributions

Question:  We received contributions on New Years Eve.  Should these be counted as 2009 contributions even though we didn’t deposit the money until Monday? Answer: If the contributions were received before midnight, they should be counted as 2009 donations.  Otherwise report them as 2010 donations.  If you Continue reading →