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Say Goodbye To Old-School Spreadsheets —
For Good.

Experience Efficient, Accurate Multilevel Sub-Accounting For Nonprofits

Multilevel sub-accounting is critical for nonprofits who want to combine gifts in their endowments for investment purposes, or combine the endowments of chapters or affiliates, but must maintain detailed records of individual gifts or funds for accounting and donor reporting purposes. With our outsourced solution, you don’t have to spend any time developing reports and get peace of mind knowing that they are accurate and clear.

4 Reasons To Work With Us

  1. You need endowment sub-accounting services that are far more accurate and efficient than using Excel to manually unitize contributions and distributions.
  1. You need affordable, less labor-intensive and purpose-built software to track individual funds or gifts.
  1. You need better customer support and a dedicated relationship manager.
  1. You need reports that can be customized around your specific needs.
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Features:

  • Unitization of Gifts: Sub-accounts can be grouped for sub-totaling purposes and are also assigned as restricted and unrestricted.
  • Unitization of Withdrawals: Categorization of costs and withdrawals from each sub-account based on your policies.
  • Allocation of Interest, Dividends, Fees, Expenses and Gains/Losses: We adjust each sub-account for its allocable share of certain items, such as income and expenses, in various forms. We customize activity to match your classification and terminology.

Powerful Reporting:

  • Summary Report: Each period (determined by you), we summarize the activity and market value for each sub-account. Reporting can be customized to show subtotals for clarity and subdivided to match your general ledger.
  • Detailed Sub-Account Reports: One-page report per sub-account for donor stewardship.
  • Report Delivery Options: Email, Mail or Portal

Rely On Our Clear, Accurate Reporting

Rollforward Report

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View investment activity and sub-accounts in one simple spreadsheet.

Donor Report

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View investment activity for each sub-account and show donors how their gift has grown within the endowment—and how its proceeds were used in support of the charity’s mission each year.

Change in Net Assets Report

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View sub-accounts of the endowment and transactions by restriction type.

Spending Report

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Get a spending report to help a nonprofit determine how much money they are able to withdraw.

What are Customers Saying?

”PG Calc meticulously helped the Philharmonic analyze its historical financial information, enabling us to ‘rebuild’ the endowment from the date of the oldest restricted gift.”

Brittany HallPresident and CEO of Fort Wayne Philharmonic

”Four years ago, our previous shareholder accountant informed us that they were discontinuing such accounting activity, and we had little time to find a replacement. We approached PG Calc and were delighted that they easily grasped our operation and reporting requirements. We transitioned to their reporting arrangement without difficulty. I have enjoyed an efficient and reliable relationship with my primary contact.”

Mick KalberExecutive Director Trustees for the Episcopal Diocese of Western Massachusetts

”PG Calc changed my life. Jill, our Senior Project Manager, took a mess of numbers and turned it into a simple and reliable process. Now each fund and sub fund is tracked and calculated accurately and reported back to me in an organized and streamlined manner.”

Elizabeth Jane BrownChief Financial Officer of St. Andrew’s-Sewanne School

Want to learn more?

Speak with one of our experts.

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