How do I set up automatically recurring grants?

Donor advised grants are frequently recurring grants.  A donor might designate a particular organization to be given a fixed amount on a regular schedule.

• The Distribution tab in the Fund module is the place to maintain this information.  
• Click on the New button to add a new Distribution record. 
• In the various areas on the tab you can indicate the Freqency (how often should distributions be made), a fixed Amount or an Allocation % of the annual spending policy to be distributed, along with a date the next distribution should be given. 
• Leave the End Date blank if distributions should continue endlessly.  Otherwise put a date distributions should end. 
• You can also indicate a designated grantee and/or payee. 
• In the Default Application Coding area you can indicate some codes that will default into the application. 
• Multiple Distribution records can be added for any Fund.

To create the applications, run the File Maintenance procedure Grants\Recurring Grants from Fund Distributions.  See the following article for instructions on the use of this tool.