Revenue Share Overview*

Written by Dana Kinsey

Last published at: May 8th, 2019

CommunitySuite allows foundations who manage funds in investment pools to share investment revenue, losses, and fees on a monthly, quarterly and yearly basis.

Share the gains, losses and/or fees from your investment or banking account with all of the Funds that are held within a pool.

  • Set up your investment accounts in Accounts (this is usually completed during your system implementation). To run a Revenue Share those accounts will need the following
    • The Name of the Account
    • A Vendor, eg. Schwab
    • Manage Cash to be turned on (for Cash Balancing)

All gains, losses, and fees incurred will need to be entered as a Statement Voucher in the Revenue Share Holding Fund

Information needed to complete a Statement Voucher include these items straight from your monthly or quarterly statements:

  • Starting balance
  • Ending balance
  • Fees
  • Gains & Losses-Unrealized (if applicable)
  • Gains & Losses-Realized (if applicable)
  • Interest
  • Dividends (if applicable)
  • Transfers in & out

Once a Statement Voucher has been created for each investment account - you can begin the Revenue Share process.

Note: Percent totals are calculated out eight (8) decimal places.