Matching Gift Transactions
What is a Matching Transaction?A matching gift is when one or more constituents make a gift to your organization, and another constituent, often the original constituent's employer, matches all or part of their gift by making their own contribution. For example, Brad Jones' employer, Moore Bank, matches gifts…How do I designate a matching transaction?1. When entering or editing a transaction, set the Matching Gift field to “yes”. 2. You can then select the constituent that is going to match this gift by searching for them in the Matching Constituent field. 3. If the constituent is not yet in AssociationSphere, you may click…Will the Matching Transaction create a pledge for the matching constituent?No, a pledge or donation will not be recorded on the matching constituent’s record when a contribution is identified as eligible for a matching gift. Once the matching gift donation has been received, you will record the gift as you would any other contribution. Most organizatio…What if the matching constituent does not exist yet?If the constituent is not listed in the pull down search menu under Matching Constituent, click the Add Constituent icon. A new window will open to allow you to add the new constituent, which defaults to a Company profile type. Enter the new information and click the green Save…How do I see if a transaction has a matching transaction?Locate the Matching Gift column on the gifts grid and set the filter for the column to “is true”. This will filter the grid to just the matching gifts. You can also use the Quick Queries and select the Type of Matching Gift.How do I link the matching gift received back to the original donor?When a matching gift has been received from a company, you will enter it with a soft credit to the employee who was the original donor. Since the transaction is from the company, IRS rules require that donation be directly attributed to the company. The soft credit will indicate…