Answer: Gifts with different Net Asset Classifications must be placed in different funds. Fundriver can only assign one net asset classification per fund. For the Permanently Restricted funds, the program knows that the historical gift amount is Permanently Restricted and the earnings on the fund are Temporarily Restricted (or Unrestricted if underwater). The software cannot segregate an amount out of that fund to be a different Net Asset Classification.
FAQ: Can I Have Historical Gifts With Different Net Asset Classifications in One Fund? Print
Modified on: Thu, Apr 4, 2024 at 2:15 PM
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