FISCAL YEAR-END GIVING
Please follow these guidelines when opening gifts that come your way after the May 31 end of fiscal year.
· AS A GENERAL RULE, PLEASE DELIVER ALL GIFTS OR PAYMENTS TO PROJECT ACCOUNTS TO THE DEVELOPMENT OFFICE AS SOON AS POSSIBLE! We may return checks to you if they are more than 6 weeks old.
SAVE THE ENVELOPES! The postmark date is EXTREMELY important for audits so please submit all envelopes and notes with the money you bring to the Development Office. This date is used to determine what fiscal year the gift will be processed under. If the postmark date is on or after June 1 but the check date is May, we are still required to count the gift in the new fiscal year.
POSTMARK DATE IS KEY; SO AGAIN, PLEASE SAVE THE ENVELOPES AND BRING THEM with your gifts.
- SUBMIT ALL MONEY BY TO THE DEVELOPMENT OFFICE BY JUNE 8! This is the last day we will be processing money for the prior FISCAL year. ANY money received after this date, even if it is postmarked by May 31 or before, will be included in the new fiscal year. Please be mindful that whatever we process for the previous fiscal year will factor in to the standing of donors in total annual giving levels. The absence of gifts on the donors’ annual statements may cause them to think negatively of the department or project that they donated to or of Greenville University overall.
If you have any questions, please contact the Office of Development at (618)664-6500.