# ASC 958-20-35: Not-for-Profit Entities — Financially Interrelated Entities — 35 Subsequent Measurement

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/958/20/#35-subsequent-measurement)

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## ASC 958-20-35: 35 Subsequent Measurement

[Read section](https://asc.understandingaccounting.org/asc/958/20/#35-subsequent-measurement)

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##### [958-20-35-1](https://asc.understandingaccounting.org/asc/958/20/#958-20-35-1)

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If the beneficiary has recognized an interest in the net assets of the [recipient entity](https://asc.understandingaccounting.org/glossary/r/#recipient-entity "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.") pursuant to paragraph [958-20-25-2](https://asc.understandingaccounting.org/asc/958/20/#958-20-25-2), it shall adjust that interest for its share of the change in net assets of the recipient entity.