Entering a New Pledge
Entering a Pledge with Multiple Expected Installments
Adding a Pledge Payment
Adding a Donation as a Pledge Payment
Linking a Donation to a Pledge
Linking a Donation to one of a Pledge's Expected Installments
Un-Linking a Donation from a Pledge
Writing Off Pledges
NeonCRM lets you track donor pledges as well as link gifts to existing pledges. In NeonCRM, Pledges and Pledge Payments are types of Donations - they are not their own separate type of payment or gift.
Entering a new pledge uses a very similar process as entering a new donation. Navigate to Fundraising > Add Pledge.
You will be taken to the Pledge: Create screen. First, you want to see if the donor you are entering a pledge for already has a record in NeonCRM. Start typing their name into the Donor field to see if there is an existing record.
A drop-down search window will appear as you type with suggested matches. To select a constituent, click their name. Their information will fill in the donor field.
If a matching record does not exist in NeonCRM, finish typing the name of the new donor in the Donor field and click New Individual (or Organization if the pledge is from an organization).
Now, complete the appropriate fields to add the pledge.
- Donor is the constituent making the pledge
- Amount is the amount of the pledge.
- Date will automatically populate as today's date, but can be changed.
- Status indicates whether the pledge was made (Succeed) or whether you are still waiting for the pledge (Pending). It does not indicate whether the pledge has been paid.
- Expected Date is the date by which you expect the pledge to be paid.
- Purpose, Campaign, and Fund are optional fields to track additional information about how the pledge and, ultimately, donation should be used. These can be set up in Financial System Settings.
- Anonymous is whether or not this pledge should be anonymous.
- Donor Name is how the donor would like to be acknowledged publicly. Because donations cannot be entered on Households, this is often used for the couple's names (i.e. Mr. and Mrs. Jane and John Doe). This can be left blank if the donor wishes to be acknowledged the same way their name appears in the first Donor field.
- Source is used to track more specific information about how a pledge was solicited. Learn how to configure Sources.
- Social Fundraiser is the solicitor for the pledge. These can be configured at Fundraising > Social Fundraisers.
Solicitor any solicitor who may have assisted with this donation. Learn more about Solicitors.
- Solicitation Method is how the pledge was solicited. Learn how to configure Solicitation Methods.
- Acknowledgee Name is for tracking who to contact in the case of honor/memorial donations. Learn more about Honor/Memorial Donations.
- Honor/Memory Name tracks for whom the donation is in honor or memory. Learn more about Honor/Memorial Donations.
- Custom Fields will display Donation Custom Fields. Learn how to create and configure Custom Fields.
Select Create Account to continue.
On the next screen, you will be provided with a Pledge Summary for the pledge.
The pledge will now display on the constituent's record in the Donations section. In the Note column, you will see that NeonCRM has noted that this is an initial pledge. Because Gloria has not yet made any payments or other donations, her Total Amount Paid is listed as $0.
General guidelines for installments
- A single payment cannot be applied to more than one installment. If this is necessary, you must first split the payment.
- More than one payment can be applied to a single installment.
- Recurring donations cannot be automatically applied to installments. Pledge payments that are generated by a recurring donation must be manually applied to installments after they have processed.
- Pledge payments do not necessarily have to be applied to an installment; they can be applied to the pledge without being matched to an installment.
- The installment schedule is not linked to the overall pledge amount. This means that you can have a schedule of installments that total a different amount than the overall pledge. If you require the installment total to match the pledge amount, you must ensure that the amounts you enter add up correctly.
- Writeoffs cannot be applied to an installment, only the pledge.
- As is the case with regular pledge payments, it is possible to over-pay an installment.
Creating a pledge with installments
For this example, we will create a pledge of $3,000, with three annual installments of $1,000.
Navigate to Fundraising > Add Pledge. Credit the pledge to a specific Donor and enter the total pledge Amount. The Date is not as important, as each installment has its own Expected Date. Click Next.
On the Pledge Summary page, click Add Installment.
Enter the Expected Date and Amount for your first installment, then click Submit.
Repeat these steps until you have entered all installments expected for this pledge.
You can link pledge payments to the original pledge. To do this, navigate to the record of the constituent who made the original pledge. In the Donations section, select the pledge that you wish to apply a payment to. In the Pledge Payment Information section, select Add Payment.
This will take you to the Pledge Payment: Create screen. NeonCRM will automatically populate the Amount based upon the original pledge amount that you entered.
On the right side of the screen is the Pledge Information section. This will show you all of the information that you originally entered about the pledge. Manually enter this same information into the Pledge Payment: Create fields, unless the pledge has changed.
The next screen will show you a summary and fields for payment information.
Similarly to a donation, you will be provided with the option to send a donation appreciation email and/or add this person to the merge queue to receive a hard copy letter. You can also add additional items to the transaction at this time.
Fill out the payment fields and select Submit Payment.
This will take you a Pledge Payment Summary screen. Note that the Pledge field includes the original amount of your pledge and the option to Un-Link Donation from Pledge. This means that this payment is linked to the original pledge.
If you forget to add the transaction as a pledge payment, Neon will prompt you any time you add a donation to an account that has an open pledge on it. Once you enter a donor account, you will have the option to select any open pledges on that account to put that donation toward, or you can choose to proceed with the donation separate from a pledge.
You can also link existing donations in a constituent record to an existing pledge on their record. First, navigate to the constituent record with the pledge and donation. Here, we have a $1,000 pledge and a $500 donation.
Select the donation that you wish to apply to the pledge. This will bring up the Donation Summary screen. In the top row, select the Apply To Pledge button.
The next screen will display all of the pledges associated with this account. Select the pledge that you want to apply this donation to and click Apply Donation.
The next screen, Pledge Payment Summary, will verify that the donation and the pledge have been linked. The donor's record will now reflect the donation as a payment on their pledge.
Payments can be applied from several places.
If you are already on the pledge detail page, click the Detail link next to an installment. On the Installment Detail page, click Add Payment.
Or, from a Pledge Payment Summary page, click Apply to an Installment.
When you do this, you will be presented with a list of installments. Select the appropriate installment for this payment, and click Next. If you choose Do not apply this donation to an installment, the installment will be applied to the pledge, but not to any specific installment.
The Pledge Summary page will now show the payment with a note that shows the payment has been linked to a particular installment. The installment's Amount Paid and Remaining Balance columns will be updated to reflect the new balance on the installment.
You can also un-link a donation from a pledge. From the Pledge Payment Summary screen, click the link labeled Un-Link Donation from Pledge. This will remove the payment from the Pledge, and convert the payment back into a general donation.
The remaining balance on pledges can be written off if you no longer anticipate receiving payment. To do this, go to the record of the constituent who made the pledge. In the Donations section, select the pledge you wish to write off. This will bring up the Pledge Summary screen.
The Pledge Payment Information section at the bottom of the page will show the total amount paid toward this pledge. To write off the remaining balance of this pledge, select Writeoff. The Pledge Writeoff screen will appear.
This screen will display the total amount of the pledge (in this case, $3,000) as well as each of the payments made to date toward this pledge. Balance calculates how much is remaining on the pledge. In the Write-off Amount field, enter the amount of the pledge that you wish to write off. In this case, I want to write-off the entire remaining $2000 balance. Click Submit. The Pledge Summary screen will appear. In the Pledge Payment Information section, you will now see both the payments to this pledge and the amount of the write-off.
You can report on pledges and pledge payments using the Reports module. Because pledges and pledge payments are types of donations in NeonCRM, you can report on them using any of the reports in the Donation section of the Reports module. The Pledge and Payment Report will provide you with basic information on all pledges and pledge payments currently in your system.
Installment data can be retrieved from two reports: the Pledge and Payment Report, and the Installment Report.
Pledge and Payment Report
In this report, each row of data is a pledge. For each pledge, you can retrieve and query summary-level information about installments, including:
- Number of Pledge Installments
- Number of Paid Pledge Installments
- Number of Unpaid Pledge Installments
- Number of Pledge Installments
- Number of Paid Pledge Installments
- Number of Unpaid Pledge Installments
- Amount of Paid Pledge Installment
- Amount of Unpaid Pledge Installments
In the installment report, each row of data is a pledge installment. This allows you to retrieve specific details about each installment. You might use this report to retrieve:
- A list of unpaid installments
- A list of installments that belong to a particular donor
- A list of installments attributed to a particular campaign, fund, or purpose
- A list of all installments expected on a particular date