A pledge is an amount a contributor promises to give to a particular fund. Pledges are recorded in ACS based on amount and frequency.
A contributor may have more than one pledge, and pledges may last longer than one year. For example, a contributor may have a pledge to the General Fund for the year, and a 3 year pledge to the Building Fund. Pledges can also have various frequencies. Some pledges may be made on a weekly basis, while others may be based on a quarterly or annual basis.
You can also set up a giving plan. With giving plans, a contributor can further specify how their contributions should be spent. In addition, you can add a batch of pledges and print the recorded entries.
Finally, if a contributor does not fulfill a pledge, you can flag their pledge as arrears and apply new contributions to the arrears pledge before applying them to a current pledge.
Even if an individual's record is deleted, ACS stores the individual's contribution information, ensuring that your contribution reports have the same yearly totals each time they are processed. If an individual has pledge information and is later deleted from ACS, Deleted Contributor displays in the Name field in the Pledge Maintenance grid. The individual's total pledge amount, pledge frequency, term, start and stop dates, pledge information, and additional amount (previously called initial payment) also display in the grid. Pledges for deleted individuals can be deleted from a specific year, but they cannot be copied to a new year.