Annual gift: Gift of less than $10,000 from an individual. Do not include gifts of less than $10,000 from other donor constituency types (e.g., corporations, businesses, foundations, governmental agencies).
Business donor, whether incorporated or not, and whether organized as a for-profit or as a not-for-profit.
Corporate/business gift or grant:
Charitable gift or grant of any size made by corporations, businesses, and corporate foundations. Exclude corporate sponsorship of special events, as those are reported as special event gifts. Corporations include for-profit organizations, as well as not-for-profit organizations such as churches, schools, civic groups, professional associations, United Way, Children’s Miracle Network, Canada Helps.
Foundation gift or grant:
Charitable gift or grant of any size maybe by private family foundations, community foundations, general purpose foundations, and independent foundations established as a not-for-profit corporation or a charitable trust, with a principal aim of making grants to unrelated organizations or to individuals, for charitable purposes. For benchmarking, this broad definition encompasses all foundation types, except corporate foundations which are reported as corporate/business gifts.
Dollars from any governmental agency that the philanthropy function was responsible for raising. Include grants, contracts, and cooperative agreements when the beneficiary of the grant’s work is the organization and not the donor.
Person who makes financial contributions to the organization. This constituency is considered as one for the purpose of the Report on Giving but may also be broken down into sub-categories (e.g., grateful patients, major donors, annual donors, planned gift donors).
Letter of intent:
Document indicating a revocable or conditional intent to make a gift to an organization at some future time that contains a clause that allows the donor to cancel or alter the terms of the pledge under any or certain conditions, or makes payments conditional upon future events. If the chance is only remote that a stated condition will not be met, this is not considered a condition. Letters of Intent are reported as production revenue, not recorded revenue, since these are not recordable per GAAP accounting rules.
Gift from an individual valued at $10,000 or greater. Do not include gifts from individuals that are made as part of a planned gift or in response to a special event, as these are reported as planned gifts or special event gifts.
A gift, usually of significant size, made with forethought about the benefit to the organization and the financial planning implications to the donor. Planned gifts often are equated with deferred gifts (in which a commitment is made today but the funds are not available to the organization until a later time) such as bequests, life insurance policy beneficiary designations, gifts of residual interests such as charitable remainder trusts, or other similar arrangements.
A written promise to make a future gift. Irrevocable pledges are reported as recorded revenue at the time the pledge is made. Revocable pledges are reported as production revenue at the time the pledge is made.
Includes recorded revenue plus revocable, written deferred gifts that are not yet recordable per GAAP due to revocability and/or conditions on the gift (such as conditional pledges or revocable bequests) to allow the gift to be recorded for financial statement purposes.
All irrevocable outright and irrevocable written deferred gifts received during the reporting year made in any form, such as cash and securities, non-cash gifts such as personal and real property, unconditional pledges, or irrevocable bequests.
Special event gift:
Gift of any value made via any event sponsored by the organization, held for the purpose of raising money, building awareness of the organization, and expanding constituencies. For benchmarking purposes, special events are divided into three main categories: Highly structured events (e.g., galas, dinners, balls, fashion shows); sporting events (e.g., golf, tennis); and large-scale community-based events (seeking broad public participation; e.g., runs/walks). Include all gross special event income, such as ticket sales, auction receipts, corporate sponsorships, and event underwriting. Include all applicable in-kind gifts.
In Canada, income generated by an organization from all sources, including funding received from provincial and territorial health plans, payments for services to patients covered under private insurance or those paying out-of-pocket, as well as contributions from fundraising, donations, research grants and investments.