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Funds And Sources

http://www.donortools.com/features/funds-and-sources

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Funds & Sources

You need great nonprofit software that helps you stay organized. Sources help you keep track of where your money is coming from, while Funds keep track of where your money is going to (your programs). Archive old funds and sources, set start and end dates, and have as many funds and sources as you need.

Funds help you track where your money is going to, and sources track where your money comes from. For most organizations, funds would represent your programs (e.g. “Orphanage Fund”, “Building Project”), and sources would be fundraising campaigns (e.g. “Regular Newsletter”, “Year-End Appeal”, “Online Donations”).

Aside from semantic differences, the major difference between Funds and Sources is that a donation can have many funds (in the case of a donation that is split between two or more funds), but it can have only one source.

More about Funds and Sources in our User Guide

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