{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/405/958/#45-other-presentation-matters","source":"FASB Accounting Standards Codification, Basic View","usage":"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.","topic":"405","topic_title":"Liabilities","subtopic":"405-958","subtopic_title":"Not-for-Profit Entities","section":{"number":"45","label":"45 Other Presentation Matters","anchor":"45-other-presentation-matters","is_sec":false,"groups":[{"block":null,"heading":"Liability for Promises to Give","paragraphs":[{"citation":"405-958-45-1","para":"45-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_3754B3C4-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The amortization of any discount related to <a href=\"/glossary/u/#unconditional-promise-to-give\" class=\"term\" title=\"A promise to give that depends only on passage of time or demand by the promisee for performance.\"><span>unconditional promises to give</span></a> shall be reported in the same <a href=\"/glossary/f/#functional-expense-classification\" class=\"term\" title=\"A method of grouping expenses according to the purpose for which costs are incurred. The primary functional classifications of a not-for-profit entity are program services and supporting activities.\"><span>functional expense classification</span></a> in which the <a href=\"/glossary/p/#promise-to-give\" class=\"term\" title=\"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.\"><span>promise to give</span></a> was initially reported. </span></span></div></div>","snippet":"The amortization of any discount related to unconditional promises to give shall be reported in the same functional expense classification in which the promise to give was initially reported.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:49f52aefd5a9b2a22fc86d03ac657bbdfd85b461e16d25106509ba2469f6ac76","downloaded_from":"2026-09-10T00:20:02.539Z","last_downloaded_at":"2026-09-10T00:20:02.539Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478307","source_sha256":"831c0ce1a98fdb1e318a3cdc7661550ee2f75d55110516d6e7239c3ca6f88bef"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9d5edf8b5011e1a81bbb10b0d6dd857828233841a65d93d0fa02e869ae0faeb5","downloaded_from":"2026-09-10T00:20:02.539Z","last_downloaded_at":"2026-09-10T00:20:02.539Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478307","source_sha256":"831c0ce1a98fdb1e318a3cdc7661550ee2f75d55110516d6e7239c3ca6f88bef"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:95dd88d8ffab80b8758644784ca9040f8ac56fdc8e807e291ae26726c4e34728","downloaded_from":"2026-09-10T00:20:02.539Z","last_downloaded_at":"2026-09-10T00:20:02.539Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478307","source_sha256":"831c0ce1a98fdb1e318a3cdc7661550ee2f75d55110516d6e7239c3ca6f88bef"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:95dd88d8ffab80b8758644784ca9040f8ac56fdc8e807e291ae26726c4e34728","downloaded_from":"2026-09-10T00:20:02.539Z","last_downloaded_at":"2026-09-10T00:20:02.539Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478307","source_sha256":"831c0ce1a98fdb1e318a3cdc7661550ee2f75d55110516d6e7239c3ca6f88bef"}}