Soft Credits & Donor Advised Funds
How to use soft credits
What is a Soft Credit?A soft credit is when a constituent makes a contribution, but another constituent, or multiple constituents, may have influenced, participated, or solicited the contribution. Only one constituent can be linked directly to the gift, and this constituent is the one who would be el…2 min readHow do I enter a soft credit?When entering or editing a gift, set the Soft Credit button to “YES.” Select the constituent that is receiving the soft credit along with the amount that should be attributed to that constituent. - To add a new row to the soft credit grid (if more than one constituent is receivi…2 min readHow do I enter multiple constituents for soft credits?If you need to enter an additional soft credit for another constituent, you can click on the “Add Soft Credit” button under the Soft Credit Yes/No button. This will add an additional row to the soft credit grid.1 min readWhat if the constituent receiving soft credit does not exist yet?If the constituent is not available in the drop down, you can add a new one by clicking on the “Add Constituent icon that is under the Soft Credit Yes/No toggle. Once you add the constituent information in the popup window, they will be available in the dropdown box under the Co…1 min readCan I edit a soft credit?Yes, you can edit the information listed in the soft credit grid when you edit a transaction. Note that the information defaults to the same as the original transaction, except for Tax Deductible Amount, which should be zero or null. Once you click Save, the changes will be upda…1 min readCan I delete a row from the soft credit grid?Yes, with "Show Soft Credits Only" selected from the Quick Queries menu under Soft Credits, you can click on the trash can icon on the right side of the row you wish to delete. Enter "Yes" in the pop up window and click on OK to complete the deletion.1 min readHow do I see if there was a soft credit on a gift?On the main Gifts Grid in the Fundraising Module, you will only see a row for the constituent that was the main donor for the gift. You will not see a row for any constituent that received soft credit. You can see soft credits by using the Quick Queries menu Soft Credits and sel…1 min readAre soft credits included in gift calculations?No, soft credits are not initially included in gift calculations like Last Gift Date, Cumulative Amount Received, etc. You do have the ability to include soft credits into these calculations as an admin user. To do this you would go to your organization's name, hover over Accoun…1 min readDonations From Donor Advised FundsA donor-advised fund (DAF) is a charitable investment account that allows individuals to contribute money, stocks, or other assets and receive an immediate tax deduction. The funds are invested for tax-free growth. The donors will make recommendations for charitable distribution…6 min read