Non-Profit
Donor-Advised Fund (DAF) Contribution
Recording a contribution where the donor retains 'advisory privileges' over distributions.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Cash / Investments | Asset (+) | 10,000.00 | - |
| Contributions (Board-Designated/DAF) | Revenue (+) | - | 10,000.00 |
💡 Accountant's Note
Legally, the NGO owns the money, but for accounting purposes, it is tracked in a separate 'bucket' where the donor suggests the grants. It is usually treated as 'unrestricted' but 'designated' for that donor's advice.
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