How to record donors' long term commitment to fund an endowment

Let's track the fund by creating a journal entry, aggiemomsca.

Beforehand, let's create an investment account. I'll show you how:

1. Go to the Gear icon and then select Chart of Accounts.
2. Click the New button.
3. Select the correct Account and Detail Type in the drop-down menu.
4. Add the account name.
5. Press Save and Close.

For more details, please see this article: Add an Account to your Chart of Accounts.

Once done, record the endowment by creating a journal entry. I'd recommend consulting an accountant before proceeding to ensure the accounts are correct.

Here's how:

1. Go to + New and then select Journal entry.
2. On the first line, choose an account from the Account field. 
3. On the second line, add the other account you're moving money to or from. 
4. Check the amounts - you should have the same amount in the Credit column on one line and the Debit column on the other. 
5. Enter details in the Memo section to know why you made the entry.
6. Once done, click on Save and close.

Additionally, I've added these articles that'll help you manage a QuickBooks account for a nonprofit organization:

• Track Funds you Receive from Donors
• How Nonprofit Organizations Use QuickBooks Online

You can always get back to this thread if you have other questions or concerns about recording donations or endowments. I'm always here to assist you in any way I can. Have a good one.​​​​​​​