Project Reporting to Givers - Nonprofit

Q.  A donor has requested a report on how her gift was used for a certain project. What is appropriate for our ministry to provide to this donor?

A.  ECFA’s Standard 5 provides guidance on this topic. Standard 5 requires a ministry to provide a report, on request, on the amount donated for a particular project, the costs related to administering the project, and the amounts applied to the project for which the gift was given.

While Standard 5 only requires project reports be provided on request, proactive ministries send reports to givers and/or post project updates on their website to communicate project results to givers in a timely manner.

The project report should include the amount of donated income, the costs related to administering the project, and the amounts that went directly to the project for which the funds were given.


This text is provided with the understanding that ECFA is not rendering legal, accounting, or other professional advice or service. Professional advice on specific issues should be sought from an accountant, lawyer, or other professional.

Navigation


Follow @ecfa