{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/958/20/#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":"958","topic_title":"Not-for-Profit Entities","subtopic":"958-20","subtopic_title":"Financially Interrelated Entities","section":{"number":"50","label":"50 Disclosure","anchor":"50-disclosure","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"958-20-50-1","para":"50-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_2C819C3F-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">If 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) transfers assets to a <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> in an equity transaction (see paragraph <a href=\"/asc/958/20/#958-20-25-4\" class=\"xref\">958-20-25-4</a>), it shall disclose the information required by paragraph <a href=\"/asc/605/958/#605-958-50-6\" class=\"xref\">958-605-50-6</a> for each period for which a statement of financial position is presented. </span></span></div></div>","snippet":"If a not-for-profit entity (NFP) transfers assets to a recipient entity in an equity transaction (see paragraph 958-20-25-4), it shall disclose the information required by paragraph 958-605-50-6 for each period for which…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7341e048b2e01948d8f11a547670e6b41aed9432d88a00a1d14d72b3456cb055","downloaded_from":"2026-09-10T02:21:49.971Z","last_downloaded_at":"2026-09-10T02:21:49.971Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480921","source_sha256":"396dad3f6796e0bf97d2ff86d905f1f9b743f030eb0c09da9b8e9922ff459032"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4a6a532a36df8a45238d5bcc6e6cbe8058633dd09d8c31e95440a2c761421959","downloaded_from":"2026-09-10T02:21:49.971Z","last_downloaded_at":"2026-09-10T02:21:49.971Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480921","source_sha256":"396dad3f6796e0bf97d2ff86d905f1f9b743f030eb0c09da9b8e9922ff459032"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3e9b95fece245e5849ad9607875150631931a6dc4ced79f71b5a685ede971875","downloaded_from":"2026-09-10T02:21:49.971Z","last_downloaded_at":"2026-09-10T02:21:49.971Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480921","source_sha256":"396dad3f6796e0bf97d2ff86d905f1f9b743f030eb0c09da9b8e9922ff459032"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3e9b95fece245e5849ad9607875150631931a6dc4ced79f71b5a685ede971875","downloaded_from":"2026-09-10T02:21:49.971Z","last_downloaded_at":"2026-09-10T02:21:49.971Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480921","source_sha256":"396dad3f6796e0bf97d2ff86d905f1f9b743f030eb0c09da9b8e9922ff459032"}}