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Agency grants should be excluded from 990 report

Please provide us a way to exclude agency grants from the 990 report - thank you.

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Missy Belles shared this idea  ·   ·  Report…  ·  Admin →
Archived  ·  AdminHolly Spitz (Accounting Product Manager, Foundant Technologies) responded  · 

Hello, Thanks for your time in the idea lab. This message is to let you know we are going to archive this idea based on the level of engagement in comparison to other idea lab items. The reason we do this is to keep the Idea Lab clean and up to date based on feedback from clients like yourself. Keep in mind this idea may exist somewhere else in the Idea Lab, a quick search may give you a similar idea with higher engagement. Also, feel free to recreate this idea if you would like to, and keep in mind specific wording can help people find and vote for your idea. If you have any questions, issues, or concerns please let us know! Thank you.

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  • Cyndi Vara commented  ·   ·  Report

    Please only make this optional! Many Foundations DO include agency contributions and grants in 990 reporting….since legally they are owned by the Foundation. Many Foundations have a reporting difference between audited financials and 990 for this reason. Please do not change the default of including agency. Perhaps just allowing more filter options based on groups and subgroups of funds would allow more flexibility.