Create & Edit Fund Beneficiaries

Written by Nick Miles

Last published at: February 17th, 2020

Add Fund Beneficiaries

  1. Select Funds from the Home page.
  2. Search for the fund or click List and select the fund from a list of all funds.
  3. Hover your cursor over the left-side menu, scroll down and click Add Beneficiary.
  4. Enter the name of the Grantee or Fund that you want to make a beneficiary, then select it from the list.

    Edit Fund Beneficiaries

  5. Select Edit Beneficiary.
  6. Enter a Description, and select the general ledger Account that will be used to make grants to this beneficiary (using the grants spendable option in CommunitySuite).
    • If a fund only has one (1) beneficiary, that beneficiary will automatically receive 100% of the distribution.
    • If the fund has multiple beneficiaries, you will need to set each beneficiaries’ distribution allocation by percent.
  7. Click Update.