Capital campaigns are often transformational for many organizations. However, many accounting and tax issues arise during a capital campaign that you should be prepared to look out for. During this session, we will explore key issues during each of the important phases of a capital campaign, including the planning phase, silent phase, campaign launch, construction period, and after construction is complete. We'll cover issues like policies and procedures, fundraising solicitations, conflicts of interest, pledge recognition, gift counting vs. accounting, donor restrictions and conditions, in-kind gifts, planned gifts, fixed asset accounting, debt accounting, sales and use taxes, UBIT, financial statement presentation, and more.
- Distinguish the key stages in a capital campaign
- Determine common accounting and tax issues associated with capital campaigns
- Identify what to communicate to development and executive teams regarding important decisions to be made with capital campaigns