E.1. Pledges and Pledge Payments
     January 1989

Development Policy and Administration Manual 
Chapter IV. Gift Administration Procedures 
Section E. Pledges, Bequests, and Deferred Gifts
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                        PLEDGES AND PLEDGE PAYMENTS


The full amount of all pledges and grant awards should be re-
ported for gift purposes when notification is received, whether
or not they are accompanied by a payment.

In addition, campuses should have procedures for reporting
payments against pledges and grant awards that enable them to
follow up on payment and outstanding pledge balances as required
for the Annual Financial Report.

Such payments may be documented in one of two ways.  Some cam-
puses use the Universitywide Gift/Private Grant Acceptance Report
(see Section IV: B.2) or an approved campus version of the same
form, which provides a special box for pledge payments.  Other
campuses have developed forms especially designed for pledge
payments.  Whatever form is used, it should include information
about the original pledge or award to link it with the payment.