Revenue Policies
The major source of revenue for the USM Foundation is from individual, corporate, or foundation contributions and grants. Revenue is also received from special fundraising events, auctions, raffles, sales of merchandise, fees for conferences and seminars, affiliate programs, fees for performance, etc. These policies ensure that all revenue is properly solicited and accepted, promptly deposited, recorded, and acknowledged, and managed to comply with any and all donor restrictions.
The USM Foundation may administer funds for activities such as dinners, theater programs, golf tournaments, etc., where the attendee is provided with a...
Thu, Jul 17, 2025 at 11:51 AM
The following GL codes are used for coding revenue. The 40XX codes are gift revenue codes and should not be used for non-gift revenue. 4002 Alumn...
Thu, Jul 17, 2025 at 11:56 AM
A pledge is a contract between a donor and a charity in which the donor promises to make a contribution in the future. The policies and procedures pertainin...
Wed, Jul 16, 2025 at 2:55 PM