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. Weâ€™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