investment RSS

investment, stock -

Last week I wrote about receiving stock from donors. This week, I’ll discuss how to record the investment earnings and change in values. If your nonprofit or church has investment accounts, you will notice on the brokerage statements the earnings may be divided into Realized and Unrealized Income. Realized income is money earned and received into your account. Typical examples are dividend income, interest income, gain (or loss) on the sale of stock. Unrealized income/loss reflects the impact of current market conditions on your holdings. For example, assume the organization has 100 shares of stock in American Airlines it purchased...

Read more

investment -

Between classes and accounts, assets and equity, it can get very confusing trying to figure out how track all the related pieces of an endowment or memorial account. Let’s separate the pieces to see how to record these in QuickBooks. In this example, a generous donor has donated $10,000 of stock to seed an endowment fund. If you are going to keep this money in a separate bank account from your other investments, you will record the initial receipt as follows: Account                                      ...

Read more