Create and Edit Fund Beneficiaries

Add Fund Beneficiaries

1. Navigate to the Funds page.
2. Enter the fund name in the Search Fund field and select the Fund from the drop-down list.
   • You can also click List in the left-side menu to view a list of all funds. Click the ID of the fund to which you want to add the beneficiary.
     
     
     
3. Click Add Beneficiary in the left-side menu.
4. Enter the grantee or fund name in the appropriate Search field and select the Grantee or Fund from the drop-down list.
   

The beneficiary is listed on the fund record.

Edit Fund Beneficiaries

1. Navigate to the Funds page.
2. Enter the fund name in the Search Fund field and select the Fund from the drop-down list.
   • You can also click List in the left-side menu to view a list of all funds. Click the ID of the fund to which you want to edit the beneficiary.
     
     
     
3. Click Edit Beneficiary in the left-side menu.
4. Enter a Description, select the general ledger expense Account that will be used to make spendable grants to this beneficiary, and then click Update.
   • If a fund only has one beneficiary, then that beneficiary will automatically receive 100% of the spending grant. 
     • You can change that percent if needed so a portion of the spendable balance will be sent to the beneficiary and the remaining portion will stay in the spendable balance of the fund.
   • If a fund has multiple beneficiaries, then you will set each beneficiary's share of the spendable grant by percent to equal 100 if you want to send the totality of the spendable. 
     • A lower percent can be used if needed.  
       

The edits are listed on the fund record.