{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/605/958/#50-disclosure","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":"605","topic_title":"Revenue Recognition","subtopic":"605-958","subtopic_title":"Not-for-Profit Entities","section":{"number":"50","label":"50 Disclosure","anchor":"50-disclosure","is_sec":false,"groups":[{"block":"Contributions Received","heading":null,"paragraphs":[{"citation":"605-958-50-1","para":"50-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><a href=\"/updates/asu-2020-07/\" class=\"xref\">Paragraph superseded by Accounting Standards Update No. 2020-07</a>.</div></div>","snippet":"Paragraph superseded by Accounting Standards Update No. 2020-07.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:20c47dba0a63385ec919133a391f275fc96c836bbd2479aac2d5089de049d01c","downloaded_from":"2026-09-10T00:51:45.621Z","last_downloaded_at":"2026-09-10T00:51:45.621Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479042","source_sha256":"1e1ddc00a25cc5c26c24d469d786ac7bb3bb1631ea44cb6ac88d961f7a7364d5"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5e31eafda1474b97d5e0133773b655e3a461943cd0cb1fd2fba4667421f41b12","downloaded_from":"2026-09-10T00:51:45.621Z","last_downloaded_at":"2026-09-10T00:51:45.621Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479042","source_sha256":"1e1ddc00a25cc5c26c24d469d786ac7bb3bb1631ea44cb6ac88d961f7a7364d5"}},{"block":"Contributions Received","heading":"Contributed Nonfinancial Assets","paragraphs":[{"citation":"605-958-50-1A","para":"50-1A","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_397D8B4B-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">A <a href=\"/glossary/n/#not-for-profit-entity\" class=\"term\" title=\"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.\"><span>not-for-profit entity</span></a> (NFP) shall disclose in the notes to financial statements a disaggregation of the amount of contributed <a href=\"/glossary/n/#nonfinancial-asset\" class=\"term\" title=\"An asset that is not a financial asset. Nonfinancial assets include land, buildings, use of facilities or utilities, materials and supplies, intangible assets, or services.\"><span>nonfinancial assets</span></a> recognized within the statement of activities by category that depicts the type of contributed nonfinancial assets. For each category of contributed nonfinancial assets, an NFP also shall disclose the following: </span></span><ol class=\"ol-norm\"><li class=\"li-norm\"><span class=\"linum\">a</span><div class=\"p\"><span class=\"sfragment\" id=\"sfr_397D8C2F-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Qualitative information about whether contributed nonfinancial assets were either monetized or utilized during the reporting period. If utilized, a description of the programs or other activities in which those assets were used shall be disclosed. </span></span></div></li><li class=\"li-norm\"><span class=\"linum\">b</span><div class=\"p\"><span class=\"sfragment\" id=\"sfr_397D8D2C-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The NFP's policy (if any) about monetizing rather than utilizing contributed nonfinancial assets. </span></span></div></li><li class=\"li-norm\"><span class=\"linum\">c</span><div class=\"p\"><span class=\"sfragment\" id=\"sfr_397D8E1D-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">A description of any <a href=\"/glossary/d/#donor-imposed-restriction\" class=\"term\" title=\"A donor stipulation (donors include other types of contributors, including makers of certain grants) that specifies a use for a contributed asset that is more specific than broad limits resulting from the following: The nature of the not-for-profit entity (NFP) The environment in which it operates The purposes specified in its articles of incorporation or bylaws or comparable documents for an unincorporated association. Some donors impose restrictions that are temporary in nature, for example, stipulating that resources be used after a specified date, for particular programs or services, or to acquire buildings or equipment. Other donors impose restrictions that are perpetual in nature, for example, stipulating that resources be maintained in perpetuity. Laws may extend those limits to investment returns from those resources and to other enhancements (diminishments) of those resources. Thus, those laws extend donor-imposed restrictions.\"><span>donor-imposed restrictions</span></a> associated with the contributed nonfinancial assets. </span></span></div></li><li class=\"li-norm\"><span class=\"linum\">d</span><div class=\"p\"><span class=\"sfragment\" id=\"sfr_397D8EE3-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">A description of the valuation techniques and inputs used to arrive at a <a href=\"/glossary/f/#fair-value\" class=\"term\" title=\"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.\"><span>fair value</span></a> measure in accordance with paragraph <a href=\"/asc/820/10/#820-10-50-2\" class=\"xref\">820-10-50-2(bbb)(1)</a>, at initial recognition.</span></span></div></li><li class=\"li-norm\"><span class=\"linum\">e</span><div class=\"p\"><span class=\"sfragment\" id=\"sfr_397D8F95-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The <a href=\"/glossary/p/#principal-market\" class=\"term\" title=\"The market with the greatest volume and level of activity for the asset or liability.\"><span>principal market</span></a> (or <a href=\"/glossary/m/#most-advantageous-market\" class=\"term\" title=\"The market that maximizes the amount that would be received to sell the asset or minimizes the amount that would be paid to transfer the liability, after taking into account transaction costs and transportation costs.\"><span>most advantageous market</span></a>) used to arrive at a fair value measure if it is a market in which the recipient NFP is prohibited by a donor-imposed restriction from selling or using the contributed nonfinancial assets.</span></span></div></li></ol><span class=\"sfragment\" id=\"sfr_397D905B-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">See paragraph <a href=\"/asc/605/958/#605-958-50-1B\" class=\"xref\">958-605-50-1B</a> for additional disclosures for contributed services.</span></span></div></div>","snippet":"A not-for-profit entity (NFP) shall disclose in the notes to financial statements a disaggregation of the amount of contributed nonfinancial assets recognized within the statement of activities by category that depicts t…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ac950d6435355b0768366c0039e70b5e127d39c43d5c0ce972f9ed63fb33d2b3","downloaded_from":"2026-09-10T00:51:45.621Z","last_downloaded_at":"2026-09-10T00:51:45.621Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479042","source_sha256":"1e1ddc00a25cc5c26c24d469d786ac7bb3bb1631ea44cb6ac88d961f7a7364d5"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:957f66369d82165dcdfcd4ccb2e8e61b43e685a339b8c114023653da48326a33","downloaded_from":"2026-09-10T00:51:45.621Z","last_downloaded_at":"2026-09-10T00:51:45.621Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479042","source_sha256":"1e1ddc00a25cc5c26c24d469d786ac7bb3bb1631ea44cb6ac88d961f7a7364d5"}},{"block":"Contributions Received","heading":"Contributed Services","paragraphs":[{"citation":"605-958-50-1B","para":"50-1B","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_397D912E-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">An entity </span></span><span class=\"sfragment\" id=\"sfr_397D91E5-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">(NFPs and business entities) </span></span><span class=\"sfragment\" id=\"sfr_397D92A5-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">that receives contributed services shall describe the programs or activities for which those services were used, including the nature and extent of contributed services received for the period and the amount recognized as revenues for the period. Entities are encouraged to disclose the fair value of contributed services received but not recognized as revenues if that is practicable. </span></span><span class=\"sfragment\" id=\"sfr_397D9367-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The nature and extent of contributed services received can be described by nonmonetary information, such as the number and trends of donated hours received or service outputs provided by volunteer efforts, or </span></span><span class=\"sfragment\" id=\"sfr_397D942F-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">other monetary information, such as the dollar amount of <a href=\"/glossary/c/#contribution\" class=\"term\" title=\"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.\"><span>contributions</span></a> raised by volunteers. </span></span><span class=\"sfragment\" id=\"sfr_397D9511-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Disclosure of contributed services is required regardless of whether the services received are recognized as revenue in the financial statements. </span></span></div></div>","snippet":"An entity (NFPs and business entities) that receives contributed services shall describe the programs or activities for which those services were used, including the nature and extent of contributed services received for…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d235ebd441ef7830ab148faefe688defa0103cb64091d953533375cc01fcf5dd","downloaded_from":"2026-09-10T00:51:45.621Z","last_downloaded_at":"2026-09-10T00:51:45.621Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479042","source_sha256":"1e1ddc00a25cc5c26c24d469d786ac7bb3bb1631ea44cb6ac88d961f7a7364d5"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:762f49a218e56ff0f959fb7f4cec104b4b4cc1d643932611245dfc8db07b50bf","downloaded_from":"2026-09-10T00:51:45.621Z","last_downloaded_at":"2026-09-10T00:51:45.621Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479042","source_sha256":"1e1ddc00a25cc5c26c24d469d786ac7bb3bb1631ea44cb6ac88d961f7a7364d5"}},{"block":"Contributions Received","heading":"Accounting Policies","paragraphs":[{"citation":"605-958-50-2","para":"50-2","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_397D962C-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">When a <a href=\"/glossary/n/#not-for-profit-entity\" class=\"term\" title=\"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.\"><span>not-for-profit entity (NFP)</span></a> chooses to report donor-restricted <a href=\"/glossary/c/#contribution\" class=\"term\" title=\"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.\"><span>contributions</span></a></span></span><span class=\"sfragment\" id=\"sfr_397D96EE-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">whose restrictions are met in the same reporting period </span></span><span class=\"sfragment\" id=\"sfr_397D97B6-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">as support within <a href=\"/glossary/n/#net-assets-without-donor-restrictions\" class=\"term\" title=\"The part of net assets of a not-for-profit entity that is not subject to donor-imposed restrictions (donors include other types of contributors, including makers of certain grants).\"><span>net assets without donor restrictions</span></a> in accordance with paragraph <a href=\"/asc/605/958/#605-958-45-4\" class=\"xref\">958-605-45-4</a>, it shall disclose its accounting policy. </span></span></div></div>","snippet":"When a not-for-profit entity (NFP) chooses to report donor-restricted contributionswhose restrictions are met in the same reporting period as support within net assets without donor restrictions in accordance with paragr…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4b823659f8c7b47fe488a4ade04181883e9df686eee0b7d68a2438c7d19f4942","downloaded_from":"2026-09-10T00:51:45.621Z","last_downloaded_at":"2026-09-10T00:51:45.621Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479042","source_sha256":"1e1ddc00a25cc5c26c24d469d786ac7bb3bb1631ea44cb6ac88d961f7a7364d5"}},{"citation":"605-958-50-3","para":"50-3","html":"<div class=\"asc-body\"><div class=\"norm-text\"><a href=\"/updates/asu-2016-14/\" class=\"xref\">Paragraph superseded by Accounting Standards Update No. 2016-14</a>.</div></div>","snippet":"Paragraph superseded by Accounting Standards Update No. 2016-14.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1a219c0cbae86440712c3cc4c4aef1a19759c3498de04c503d88f031a5c22c98","downloaded_from":"2026-09-10T00:51:45.621Z","last_downloaded_at":"2026-09-10T00:51:45.621Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479042","source_sha256":"1e1ddc00a25cc5c26c24d469d786ac7bb3bb1631ea44cb6ac88d961f7a7364d5"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1dd622101eeddc3c012535e25747e38b6c681beb31b49481df1cfe5b78ffcb9c","downloaded_from":"2026-09-10T00:51:45.621Z","last_downloaded_at":"2026-09-10T00:51:45.621Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479042","source_sha256":"1e1ddc00a25cc5c26c24d469d786ac7bb3bb1631ea44cb6ac88d961f7a7364d5"}},{"block":"Transfers of Assets to a Not-for-Profit Entity or Charitable Trust That Raises or Holds Contributions for Others","heading":"Intermediary or Agent","paragraphs":[{"citation":"605-958-50-4","para":"50-4","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_398B9120-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">An <a href=\"/glossary/i/#intermediary\" class=\"term\" title=\"Although in general usage the term intermediary encompasses a broad range of situations in which an entity acts between two or more other parties, in this usage, it refers to situations in which a recipient entity acts as a facilitator for the transfer of assets between a potential donor and a potential beneficiary (donee) but is neither an agent or trustee nor a donee and donor.\"><span>intermediary</span></a> or other </span></span><span class=\"sfragment\" id=\"sfr_398B92DA-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\"> <a href=\"/glossary/r/#recipient-entity\" class=\"term\" title=\"A not-for-profit entity (NFP) or charitable trust that accepts assets from a donor or other resource provider and agrees to use those assets on behalf of or transfer those assets, the return on investment of those assets, or both to a beneficiary that is specified by the donor or resource provider.\"><span>recipient entity</span></a> shall disclose its accounting policy for recognizing <a href=\"/glossary/n/#nonfinancial-asset\" class=\"term\" title=\"An asset that is not a financial asset. Nonfinancial assets include land, buildings, use of facilities or utilities, materials and supplies, intangible assets, or services.\"><span>nonfinancial assets</span></a> that it accepts from a donor on behalf of a specified beneficiary. </span></span></div></div>","snippet":"An intermediary or other recipient entity shall disclose its accounting policy for recognizing nonfinancial assets that it accepts from a donor on behalf of a specified beneficiary.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:560a156ec906db6780e226047f7f299c047d6fd53b358ab6c71ae0bd205586c6","downloaded_from":"2026-09-10T00:51:45.621Z","last_downloaded_at":"2026-09-10T00:51:45.621Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479042","source_sha256":"1e1ddc00a25cc5c26c24d469d786ac7bb3bb1631ea44cb6ac88d961f7a7364d5"}},{"citation":"605-958-50-5","para":"50-5","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_398B946C-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Additional information about transactions in which a <a href=\"/glossary/n/#not-for-profit-entity\" class=\"term\" title=\"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.\"><span>not-for-profit entity</span></a> (NFP) acts as an <a href=\"/glossary/a/#agent\" class=\"term\" title=\"An entity that acts for and on behalf of another. Although the term agency has a legal definition, the term is used broadly to encompass not only legal agency, but also the relationships described in Topic 958. A recipient entity acts as an agent for and on behalf of a donor if it receives assets from the donor and agrees to use those assets on behalf of or transfer those assets, the return on investment of those assets, or both to a specified beneficiary. A recipient entity acts as an agent for and on behalf of a beneficiary if it agrees to solicit assets from potential donors specifically for the beneficiary's use and to distribute those assets to the beneficiary. A recipient entity also acts as an agent if a beneficiary can compel the recipient entity to make distributions to it or on its behalf.\"><span>agent</span></a>, <a href=\"/glossary/t/#trustee\" class=\"term\" title=\"An entity that has a duty to hold and manage assets for the benefit of a specified beneficiary in accordance with a charitable trust agreement. In some states, not-for-profit entities (NFPs) are organized under trust law rather than as corporations. Those NFPs are not trustees as defined because, under those statutes, they hold assets in trust for the community or some other broadly described group, rather than for a specific beneficiary.\"><span>trustee</span></a>, or intermediary may be required to be disclosed under Topic <a altsource=\"GUID-CD979913-B748-48CB-97C2-E736FE70F245.ditamap\" class=\"ditamap\">850</a>. </span></span></div></div>","snippet":"Additional information about transactions in which a not-for-profit entity (NFP) acts as an agent, trustee, or intermediary may be required to be disclosed under Topic 850.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:fa1a66a1f6e18590b47ec5ce36ab7e6624c89de9ac7ed10caa35966d8362a9a7","downloaded_from":"2026-09-10T00:51:45.621Z","last_downloaded_at":"2026-09-10T00:51:45.621Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479042","source_sha256":"1e1ddc00a25cc5c26c24d469d786ac7bb3bb1631ea44cb6ac88d961f7a7364d5"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:747a06cb2de25c9b8c14d4783214fd78385bd168fb04e2357f2c4ddc3ae05528","downloaded_from":"2026-09-10T00:51:45.621Z","last_downloaded_at":"2026-09-10T00:51:45.621Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479042","source_sha256":"1e1ddc00a25cc5c26c24d469d786ac7bb3bb1631ea44cb6ac88d961f7a7364d5"}},{"block":"Transfers of Assets to a Not-for-Profit Entity or Charitable Trust That Raises or Holds Contributions for Others","heading":"Transfer Specifying Transferor or Its Affiliate as Beneficiary","paragraphs":[{"citation":"605-958-50-6","para":"50-6","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_398B95DF-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">If an NFP transfers assets to a recipient entity and specifies itself or its <a href=\"/glossary/a/#affiliate\" class=\"term\" title=\"A party that, directly or indirectly through one or more intermediaries, controls, is controlled by, or is under common control with an entity. See Control.\"><span>affiliate</span></a> as the beneficiary, it shall disclose the following information for each period for which a statement of financial position is presented: </span></span><ol class=\"ol-norm\"><li class=\"li-norm\"><span class=\"linum\">a</span><div class=\"p\"><span class=\"sfragment\" id=\"sfr_398B9739-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The identity of the recipient entity to which the transfer was made </span></span></div></li><li class=\"li-norm\"><span class=\"linum\">b</span><div class=\"p\"><span class=\"sfragment\" id=\"sfr_398B9877-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Whether <a href=\"/glossary/v/#variance-power\" class=\"term\" title=\"The unilateral power to redirect the use of the transferred assets to another beneficiary. A donor explicitly grants variance power if the recipient entity's unilateral power to redirect the use of the assets is explicitly referred to in the instrument transferring the assets. Unilateral power means that the recipient entity can override the donor's instructions without approval from the donor, specified beneficiary, or any other interested party.\"><span>variance power</span></a> was granted to the recipient entity and, if so, a description of the terms of the variance power </span></span></div></li><li class=\"li-norm\"><span class=\"linum\">c</span><div class=\"p\"><span class=\"sfragment\" id=\"sfr_398B99A2-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The terms under which amounts will be distributed to the resource provider or its affiliate </span></span></div></li><li class=\"li-norm\"><span class=\"linum\">d</span><div class=\"p\"><span class=\"sfragment\" id=\"sfr_398B9B7C-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The aggregate amount recognized in the statement of financial position for those transfers and whether that amount is recorded as an interest in the net assets of the recipient entity or as another asset (for example, as a beneficial interest in assets held by others or a refundable advance). </span></span></div></li></ol></div></div>","snippet":"If an NFP transfers assets to a recipient entity and specifies itself or its affiliate as the beneficiary, it shall disclose the following information for each period for which a statement of financial position is presen…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:115ff1e3ea5cd9efe71d90641bcf3da745d2b1cda6ed82e03ba3b321ea0bfe28","downloaded_from":"2026-09-10T00:51:45.621Z","last_downloaded_at":"2026-09-10T00:51:45.621Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479042","source_sha256":"1e1ddc00a25cc5c26c24d469d786ac7bb3bb1631ea44cb6ac88d961f7a7364d5"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6a19533edca4593346154586a21ac92b5a0909aec48f41bdc8986238f2df5f67","downloaded_from":"2026-09-10T00:51:45.621Z","last_downloaded_at":"2026-09-10T00:51:45.621Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479042","source_sha256":"1e1ddc00a25cc5c26c24d469d786ac7bb3bb1631ea44cb6ac88d961f7a7364d5"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ba7ebd9a8d9e06d0090e6e470799b7f0bd1d11c9cce1602977d827fe10cd9c5e","downloaded_from":"2026-09-10T00:51:45.621Z","last_downloaded_at":"2026-09-10T00:51:45.621Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479042","source_sha256":"1e1ddc00a25cc5c26c24d469d786ac7bb3bb1631ea44cb6ac88d961f7a7364d5"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ba7ebd9a8d9e06d0090e6e470799b7f0bd1d11c9cce1602977d827fe10cd9c5e","downloaded_from":"2026-09-10T00:51:45.621Z","last_downloaded_at":"2026-09-10T00:51:45.621Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479042","source_sha256":"1e1ddc00a25cc5c26c24d469d786ac7bb3bb1631ea44cb6ac88d961f7a7364d5"}}