FAQ
- Gifts for colleges, departments and units for current use
- Scholarship gifts (known as “Annual Contribution” scholarship gifts) for colleges, departments and units
- Endowment gifts for current and future endowments. Endowments can benefit gift accounts and/or scholarship accounts (known as “Endowed Scholarships”)
- Other gifts arrive for building accounts (such as the Vandal Athletic Center, Kibbie Dome Renovation and Expansion, College of Business & Economics Building, Ag Biotech Building, Idaho Student Union Building, Student Recreation Center, etc.)
- Gift-in-kind donations of software, equipment, furniture, etc. are also received
- Ensuring proper placement of gifts into each gift designation, including those for current use gifts, scholarships, endowments, building gifts, etc.
- Producing a gift receipt (including a thank-you) for the donor which includes tax deduction information and mailing it to the donor
- Updating donor pledge information, including pledge payment and new pledges
- Assisting in the Banner training for the Advancement Banner Modules
- Answering questions and inquiries from departments regarding gifts that have been received and processed, including which designation they should be deposited into
- Reconciling monthly gift amounts received for gifts and scholarships
- Assessing the 5% gift assessment transfer fee when gifts are transferred (monthly)
- Determining the amounts available for the scholarship transfer on a semi-annual basis (fall and spring semesters)
- Budget Adjustment for all N Gift Accounts for 95 percent of the amount received for the month
- Determining the amounts available for the gift transfer on reimbursement basis (monthly)
- Answering questions and inquiries from departments regarding gifts that have been received and processed, including which designation they should be deposited into.
- Assisting financial personnel to determine amounts that will be transferred into gift accounts, budgeted amounts, and other gift accounting responsibilities