Payments from Support Organizations

General Accounting has revised and simplified procedures for recording gifts and gifts-in-kind from support organizations, which are effective September 1, 2010.

Simplified procedures include:
� Department completes one form (instead of two) to request a foundation payment and sends a copy of the form to General Accounting, which makes the journal entry.

� The form (Word document) contains drop-down menus to make completion easier, faster, and more consistent.

� A short list of expense accounts were created just for foundation gift-in-kind payments, which departments can choose on the form.

The revised form and procedures are here. 

If you have any questions, please contact Gretta McClain, Manager of General Accounting, at 713-743-8729 or grmcclai@central.uh.edu