We have a donor who donates substantially through a variety of methods. Sometimes that’s their donor advised fund (sometimes multiple, unique funds), their family foundation, personally (via their credit card), and other ways. I believe it is best practice to create records for each entity (ABC Foundation, DEF Family Fund, Spouse A, Spouse B) and soft credit to the donor as an individual. This is also something EveryAction suggested during Ask the Experts. Something that’s unclear to me is whether I should connect all these entities in their financial household, any advice? If I move forward with adding in their financial household would I stop soft crediting to their individual contact record? Thanks in advance!
Question
Should donor funds/family foundations be included in their individual financial household?
+1Several of our clients have made it part of their business process to put a DAF, foundation, etc. into a Financial Household with the donor and spouse. They still soft credit the individual for DAF and Foundation gifts. 🎁
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