GiftWrap, our database application created specifically for gift planning administration, helps many charities meet the highest standards of donor, beneficiary, and prospect stewardship by allowing them to manage the process themselves.
Consider what GiftWrap enables you to do:

• Track donors, beneficiaries, prospects, and advisors
• Maintain a reliable audit trail of all changes to your data, by whom, and when
• Store all planned gifts and bequests
• Print management reports to measure program success
• Calculate state-required gift annuity reserves
• Perform FASB 116/117 liability calculations
• Track the value of each gift annuity over its lifetime
• Have the assurance of four levels of security

Charities have come to depend on us for their gift administration. Yes, a charity can use its regular accounting system to cut checks to donors. But doing so invites potential problems in the areas of tax form generation, compliance reporting, and donor records – not to mention the timeliness of the checks and the overall accuracy of the system. It adds to the burdens of the CFO. And it ultimately runs the risk of disappointing donors.

Administration services include:

• Maintain gift data
• Produce payments
• Electronic funds transfer
• Provide FASB liability reports
• Provide state reserve reports
• Produce 1099-R tax forms

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