Account Codes: Detail

03631-Foundations Assoc & Societies Gift

Description:

Receipts of gifts from foundations, societies and associations. Receipts may be from organizations which are commercially sponsored, but must not be an integral part of the sponsor's business (See account 03632 for In-Kind gifts from Foundations/Societies.) (see account code 03620 - Commercial Business Gift).

Account Type Code: 53
Data Entry Status: Y (Yes)
Tax Reportable Status: Not Tax Reportable
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