Nonprofit organization involved in fund raising or endowment building should consider the Pledge Management module in their integrated suite of FIMS modules. It provides foundations an easy, automatic system for complying with Financial Accounting Standards Board (FASB) requirements regarding recording unconditional promises.

FIMS creates a payment schedule automatically when you set up a Pledge and enter certain information, such as the recipient fund and date of first payment. A debit and credit are automatically made in General Ledger Journal when a pledge is posted. Foundations also can design any type of irregular payment schedule.

Categorize pledge using user-defined code fields. View instant on-screen information on the status of any pledge or pledge installment, including all the detailed data entered initially. See whether the pledge has been paid, when it was paid, or how much is outstanding.

Export pledge data to send acknowledgement letters to the donors. Send reminder letters to those for whom pledge payments are due. Create pledge acknowledgements or reminders automatically by linking to Microsoft Word, and vary thank you letter text depending on gift type.

Module Overview

Pledge Management Features and Benefits

Product Literature

Request More Information