Gifts and Pledges Overview
Entering gifts and pledges is the fundraising task you will perform most often. Enter all gifts and pledges and define their parameters in the Enter and edit gifts window.
There are several types of gifts or pledges:
- Single gift - A single gift is a donation of cash, asset, or in-kind donation that has been paid.
- Single pledge - A single pledge is a promise to make a one-time contribution sometime in the future.
- Installment pledge - An installment pledge is a promise to make future contributions over a period of time in installment payments.
- Split gift - A split gift is a gift or pledge that is divided between or among funds.
- Matching gift - A matching gift is a gift that is created when an employer (company) agrees to make a matching contribution (usually a percentage of the employee's gift) when the company's employees make gifts to non-profit organizations.
- Memorial/tribute gift - A memorial is a gift or pledge made "in memory of" an individual. A tribute is a gift made "in tribute to" or "in honor of" an individual.
iMIS handles each of these gift types differently, depending upon when payment is made, and how the money is distributed.