# ASC 310-958-50: Receivables — Not-for-Profit Entities — 50 Disclosure

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/310/958/#50-disclosure)

Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective.

Tables and mathematical or amendment markup are retained as HTML where Markdown would lose structure.

Source downloaded (UTC): 2026-09-09T23:32:26.682Z to 2026-09-09T23:32:26.682Z

Record version: sha256:aac933ed0b70e80596fd1e2b6ead9345ca9d71bdbd5b7d4893408ff25667349f

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


## ASC 310-958-50: 50 Disclosure

[Read section](https://asc.understandingaccounting.org/asc/310/958/#50-disclosure)

SEC content: no

#### Contributions Receivable

##### [310-958-50-1](https://asc.understandingaccounting.org/asc/310/958/#310-958-50-1)

Pending content: no

Source downloaded (UTC): 2026-09-09T23:32:26.682Z to 2026-09-09T23:32:26.682Z

Record version: sha256:e435a5bb791313d9692e8f88051a5c8441e1fc41b4813c3a18736bbc639144c2

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


Recipients of [unconditional promises to give](https://asc.understandingaccounting.org/glossary/u/#unconditional-promise-to-give "A promise to give that depends only on passage of time or demand by the promisee for performance.") shall disclose all of the following:

1.  a
    
    The amounts of promises receivable in less than one year, in one to five years, and in more than five years
    
2.  b
    
    The amount of the allowance for uncollectible promises receivable
    
3.  c
    
    The discount that arises if measuring a [promise to give](https://asc.understandingaccounting.org/glossary/p/#promise-to-give "A written or oral agreement to contribute cash or other assets to another entity. A promise carries rights and obligations—the recipient of a promise to give has a right to expect that the promised assets will be transferred in the future, and the maker has a social and moral obligation, and generally a legal obligation, to make the promised transfer. A promise to give may be either conditional or unconditional.") at present value, if that discount is not separately disclosed by reporting it as a deduction from [contributions](https://asc.understandingaccounting.org/glossary/c/#contribution "An unconditional transfer of cash or other assets, as well as unconditional promises to give, to an entity or a reduction, settlement, or cancellation of its liabilities in a voluntary nonreciprocal transfer by another entity acting other than as an owner. Those characteristics distinguish contributions from:Exchange transactions, which are reciprocal transfers in which each party receives and sacrifices approximately commensurate valueInvestments by owners and distributions to owners, which are nonreciprocal transfers between an entity and its ownersOther nonreciprocal transfers, such as impositions of taxes or legal judgments, fines, and thefts, which are not voluntary transfers. In a contribution transaction, the resource provider often receives value indirectly by providing a societal benefit although that benefit is not considered to be of commensurate value. In an exchange transaction, the potential public benefits are secondary to the potential direct benefits to the resource provider. The term contribution revenue is used to apply to transactions that are part of the entity's ongoing major or central activities (revenues), or are peripheral or incidental to the entity (gains). See also Inherent Contribution and Conditional Contribution.") receivable on the face of a statement of financial position pursuant to paragraph [958-310-45-1](https://asc.understandingaccounting.org/asc/310/958/#310-958-45-1).

##### [310-958-50-2](https://asc.understandingaccounting.org/asc/310/958/#310-958-50-2)

Pending content: no

Source downloaded (UTC): 2026-09-09T23:32:26.682Z to 2026-09-09T23:32:26.682Z

Record version: sha256:569725cd934df454f5ecde78ee984a9d32bf0a37721dd36dcdb6405ad0f2296c

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


As illustrated in paragraph [958-605-55-22](https://asc.understandingaccounting.org/asc/605/958/#605-958-55-22), the allowance for uncollectible promises to give does not include amounts determined to be uncollectible when the contributions receivable were initially measured. For example, assume that, on the last day of its fiscal year, a [not-for-profit entity](https://asc.understandingaccounting.org/glossary/n/#not-for-profit-entity "An entity that possesses the following characteristics, in varying degrees, that distinguish it from a business entity: Contributions of significant amounts of resources from resource providers who do not expect commensurate or proportionate pecuniary return Operating purposes other than to provide goods or services at a profit Absence of ownership interests like those of business entities. Entities that clearly fall outside this definition include the following: All investor-owned entities Entities that provide dividends, lower costs, or other economic benefits directly and proportionately to their owners, members, or participants, such as mutual insurance entities, credit unions, farm and rural electric cooperatives, and employee benefit plans.") (NFP) receives promises to give $100 in 5 years, that the estimated future cash flows from the promises are $70, and that the present value of the estimated future cash flows is $50. The notes to financial statements should disclose unconditional promises to give of $70 and unamortized discount of $20.

##### [310-958-50-3](https://asc.understandingaccounting.org/asc/310/958/#310-958-50-3)

Pending content: no

Source downloaded (UTC): 2026-09-09T23:32:26.682Z to 2026-09-09T23:32:26.682Z

Record version: sha256:7ef2759b87d7fd0ae7c32d857c7cee823e7e10c42a9c4ed7130bd80546d3211e

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


If unconditional promises to give are subsequently measured at [fair value](https://asc.understandingaccounting.org/glossary/f/#fair-value "The price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date."), the notes to financial statements shall also include the following disclosures:

1.  a
    
    Disclosures required by paragraphs
    
    [820-10-50-1C through 50-2](https://asc.understandingaccounting.org/asc/820/10/#820-10-50-1C)
    
    and
    
    [820-10-50-2B through 50-2E](https://asc.understandingaccounting.org/asc/820/10/#820-10-50-2B)
    
    in the format described in paragraph [820-10-50-8](https://asc.understandingaccounting.org/asc/820/10/#820-10-50-8)
    
2.  b
    
    Disclosures required by paragraphs
    
    [825-10-50-28 through 50-31](https://asc.understandingaccounting.org/asc/825/10/#825-10-50-28)
    
3.  c
    
    Disclosures required by paragraph [825-10-50-32](https://asc.understandingaccounting.org/asc/825/10/#825-10-50-32), if an election to report unconditional promises to give is made after initial recognition pursuant to paragraph [825-10-25-4(e)](https://asc.understandingaccounting.org/asc/825/10/#825-10-25-4).

#### Conditional Promises to Give

##### [310-958-50-4](https://asc.understandingaccounting.org/asc/310/958/#310-958-50-4)

Pending content: no

Source downloaded (UTC): 2026-09-09T23:32:26.682Z to 2026-09-09T23:32:26.682Z

Record version: sha256:05c41f94b74c301f094db32f8aa09e28db82bbc87268ffc482ac7ac6eb6a77f1

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


Recipients of [conditional promises to give](https://asc.understandingaccounting.org/glossary/c/#conditional-promise-to-give "A promise to give that is subject to a donor-imposed condition.") shall disclose both of the following:

1.  a
    
    The total of the amounts promised
    
2.  b
    
    A description and amount for each group of promises having similar characteristics, such as amounts of promises conditioned on establishing new programs, completing a new building, and raising matching gifts by a specified date.