Stewarding Donor Dollars: Financial Reporting for Contributions

Overview

TIAA

This program is presented with generous support from TIAA.

This three-week course is designed for business office and advancement/development professionals to understand best practices related to gift reporting compliance and donor transactions, as well as enhancing the strategic partnership between the two offices to ensure long-term success.

Collaboration with one another, donors and/or auditors regarding the receipt, acknowledgement and entry of gifts and pledges as well as the use or stewarding of those funds is vital to both the business and development offices. Participants will be empowered with the knowledge and tools to address the challenges that come with gifts (especially those with restrictions, non-cash gifts, contributed services, etc.) and learn day-to-day best practices for financial reporting and accounting for gifts in the school’s records, public filings and more. Additionally, participants will learn how to enhance the strategic partnership between the advancement/development and business offices to ensure better stewarding of long-term donors and sustainable fundraising efforts in the future.

Topics covered include types of gifts, unrestricted and restricted gifts, redirecting donors, endowment best practices, wills and planned giving, shared information between the business and advancement/development offices, compliance with IRS and accounting regulations, and the business office role in donor stewardship.

Target Audience

Business officers (CFOs, controllers, anyone responsible for gift entry or usage) and advancement/development professionals (specifically the positions that work closely with the business office)

Class size is limited to 35 participants.

This course is being offered in partnership between NBOA and One Schoolhouse.

Questions? Please email programs@nboa.org or call 202-407-7140.

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Announcing the 2018 NBOA Will J. Hancock Unsung Heroes

The Will J. Hancock Unsung Hero Award is given to independent school business officers who have made an extraordinary contribution to their schools, as nominated by their colleagues. Click the headline above to read more about the 2018 recipients.

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