Gift Assessments moving from daily to monthly
March 4, 2020
Beginning with the March fiscal period, allocations for spendable gifts will be posted at month end. Previously, this activity posted daily.
Contributions for gifts (ledger account #43000) in the Spendable Gifts – Assessed gift hierarchy will continue to have a 12% assessment (# 51000) and rebate (#51004).
Please plan for the assessment/rebate activity to now appear only on a monthly basis, generally the last day of the fiscal period.