{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/958/30/#30-initial-measurement","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":"958-30","subtopic_title":"Split-Interest Agreements","section":{"number":"30","label":"30 Initial Measurement","anchor":"30-initial-measurement","is_sec":false,"groups":[{"block":null,"heading":"Fair Value Measurement","paragraphs":[{"citation":"958-30-30-1","para":"30-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"> <span class=\"sfragment\" id=\"sfr_32BBB8EA-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Topic <a altsource=\"GUID-0C8D9651-1182-4A36-827F-0C71E4C9D9F4.ditamap\" class=\"ditamap\">820</a> establishes a framework for measuring <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>. This Subtopic uses present value techniques as one possible technique to measure the <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>contribution</span></a> revenue and obligation to other beneficiaries of a <a href=\"/glossary/s/#split-interest-agreement\" class=\"term\" title=\"An agreement in which a donor enters into a trust or other arrangement under which a not-for-profit entity (NFP) receives benefits that are shared with other beneficiaries. A typical split-interest agreement has the following two components: A lead interest A remainder interest.\"><span>split-interest agreement</span></a>. See paragraphs <div class=\"xref-range displayInline\"><a href=\"/asc/820/10/#820-10-55-4\" class=\"xref\">820-10-55-4 through 55-20</a></div> for implementation guidance for using present value techniques if the measurement objective is fair value. Other valuation techniques are also available, as discussed in Section <a altsource=\"GUID-68DD360D-798B-4099-8DCA-20A31C9B238E.ditamap\" class=\"ditamap\">820-10-35</a>. </span></span> </div> </div>","snippet":"Topic 820 establishes a framework for measuring fair value. This Subtopic uses present value techniques as one possible technique to measure the contribution revenue and obligation to other beneficiaries of a split-inter…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:11691d47ff914dab8ca5c64274106b019f813ff67d0a78dcbb4370c11ad63314","downloaded_from":"2026-09-10T02:22:11.482Z","last_downloaded_at":"2026-09-10T02:22:11.482Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480677","source_sha256":"224b0242adcf408e827ef8f83bfc0ac19a724bb8c6bddc9ecfe03243207b3489"}},{"citation":"958-30-30-2","para":"30-2","html":"<div class=\"asc-body\"><div class=\"norm-text\">This Section provides initial measurement guidance for the two types of split-interest agreements:<ol class=\"ol-norm\"><li class=\"li-norm\"><span class=\"linum\">a</span><div class=\"p\">Revocable agreements</div></li><li class=\"li-norm\"><span class=\"linum\">b</span><div class=\"p\">Irrevocable agreements.</div></li></ol></div> </div>","snippet":"This Section provides initial measurement guidance for the two types of split-interest agreements:\n(a) Revocable agreements\n(b) Irrevocable agreements.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6ff959d7206be8a1e9da6087600df00f88e7e0de63de6d1c689a623133319778","downloaded_from":"2026-09-10T02:22:11.482Z","last_downloaded_at":"2026-09-10T02:22:11.482Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480677","source_sha256":"224b0242adcf408e827ef8f83bfc0ac19a724bb8c6bddc9ecfe03243207b3489"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ea1b38da40a96718d9041eb73d11836e323a2b8b10bd3d0a15f1a57dbbfdb47f","downloaded_from":"2026-09-10T02:22:11.482Z","last_downloaded_at":"2026-09-10T02:22:11.482Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480677","source_sha256":"224b0242adcf408e827ef8f83bfc0ac19a724bb8c6bddc9ecfe03243207b3489"}},{"block":null,"heading":"Revocable Agreements","paragraphs":[{"citation":"958-30-30-3","para":"30-3","html":"<div class=\"asc-body\"><div class=\"norm-text\"> <span class=\"sfragment\" id=\"sfr_32BBBA4A-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Assets received by 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) acting as 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> under a revocable split-interest agreement shall be recognized at fair value. </span></span> </div> </div>","snippet":"Assets received by a not-for-profit entity (NFP) acting as a trustee under a revocable split-interest agreement shall be recognized at fair value.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4d17a45184be12412090fec45fa05dba1eee9aa215c1ab1f152aa7ec5430bab8","downloaded_from":"2026-09-10T02:22:11.482Z","last_downloaded_at":"2026-09-10T02:22:11.482Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480677","source_sha256":"224b0242adcf408e827ef8f83bfc0ac19a724bb8c6bddc9ecfe03243207b3489"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2ef137f49d79cb8e0ece2b5c108711a8de9d4ddfbf7f5172d1596a0640b96a91","downloaded_from":"2026-09-10T02:22:11.482Z","last_downloaded_at":"2026-09-10T02:22:11.482Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480677","source_sha256":"224b0242adcf408e827ef8f83bfc0ac19a724bb8c6bddc9ecfe03243207b3489"}},{"block":null,"heading":"Irrevocable Agreements","paragraphs":[{"citation":"958-30-30-4","para":"30-4","html":"<div class=\"asc-body\"><div class=\"norm-text\"> <span class=\"sfragment\" id=\"sfr_32BBBB64-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">If the NFP serves as trustee or if the assets contributed by the donor are otherwise under the control of the NFP, </span></span> <span class=\"sfragment\" id=\"sfr_32BBBC51-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">cash and other assets received under split-interest agreements shall be recognized at fair value at the date of initial recognition. Further, in accordance with paragraph <a href=\"/asc/605/958/#605-958-30-2\" class=\"xref\">958-605-30-2</a>, contributions shall be measured at fair value at the date of initial recognition of a split-interest agreement. </span></span> </div> </div>","snippet":"If the NFP serves as trustee or if the assets contributed by the donor are otherwise under the control of the NFP, cash and other assets received under split-interest agreements shall be recognized at fair value at the d…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:72b10e0fb01cb5791183aa775e7c7a1aa3e9b78ac62a0ac514f990b31fdfda07","downloaded_from":"2026-09-10T02:22:11.482Z","last_downloaded_at":"2026-09-10T02:22:11.482Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480677","source_sha256":"224b0242adcf408e827ef8f83bfc0ac19a724bb8c6bddc9ecfe03243207b3489"}},{"citation":"958-30-30-5","para":"30-5","html":"<div class=\"asc-body\"><div class=\"norm-text\"> <span class=\"sfragment\" id=\"sfr_32BBBD46-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">If the split-interest agreement is other than a <a href=\"/glossary/p/#pooled-income-fund\" class=\"term\" title=\"A trust in which donors are assigned a specific number of units based on the proportion of the fair value of their contributions to the total fair value of the pooled income fund on the date of the donor's entry to the pooled fund. Until a donor's death, the donor (or the donor's designated beneficiary or beneficiaries) is paid the actual income (as defined under the arrangement) earned on the donor's assigned units. Upon the donor's death, the value of these assigned units reverts to the NFP.\"><span>pooled income fund</span></a> or net income unitrust (for example, a <a href=\"/glossary/c/#charitable-gift-annuity\" class=\"term\" title=\"A transfer of assets to a not-for-profit entity (NFP) in connection with a split-interest agreement that is in part a contribution and in part an exchange transaction. The NFP accepts the contribution and is obligated to make periodic stipulated payments to the donor or a third-party beneficiary for a specified period of time, usually either a specified number of years or until the death of the donor or third-party beneficiary.\"><span>charitable gift annuity</span></a>, a <a href=\"/glossary/c/#charitable-lead-trust\" class=\"term\" title=\"A trust established in connection with a split-interest agreement, in which a not-for-profit entity (NFP) receives distributions during the agreement's term. Upon termination of the trust, the remainder of the trust assets is paid to the donor or to third-party beneficiaries designated by the donor.\"><span>charitable lead trust</span></a>, or a <a href=\"/glossary/c/#charitable-remainder-trust\" class=\"term\" title=\"A trust established in connection with a split-interest agreement, in which the donor or a third-party beneficiary receives specified distributions during the agreement's term. Upon termination of the trust, a not-for-profit entity (NFP) receives the assets remaining in the trust.\"><span>charitable remainder trust</span></a>), the transferred assets, or a portion of those assets, are being held for the benefit of others, such as the donor or third parties designated by the donor. That liability shall be measured at fair value at the date of initial recognition. </span></span> <span class=\"sfragment\" id=\"sfr_32BBBE4B-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">If present value techniques are used to measure fair value, the liability is measured at the present value of the future payments to be made to the other beneficiaries. </span></span> </div> </div>","snippet":"If the split-interest agreement is other than a pooled income fund or net income unitrust (for example, a charitable gift annuity, a charitable lead trust, or a charitable remainder trust), the transferred assets, or a p…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9cb5e42b7a2e01de970836fcc9d7f917cd0fa9e9a7e72dc07b9935ec24e3ba46","downloaded_from":"2026-09-10T02:22:11.482Z","last_downloaded_at":"2026-09-10T02:22:11.482Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480677","source_sha256":"224b0242adcf408e827ef8f83bfc0ac19a724bb8c6bddc9ecfe03243207b3489"}},{"citation":"958-30-30-6","para":"30-6","html":"<div class=\"asc-body\"><div class=\"norm-text\"> <span class=\"sfragment\" id=\"sfr_32BBBF41-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Any present value technique for measuring the fair value of the contribution or payments to be made to other beneficiaries shall consider the elements described in paragraph <a href=\"/asc/820/10/#820-10-55-5\" class=\"xref\">820-10-55-5</a>, including 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_32BBC048-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The estimated return on the invested assets during the expected term of the agreement </span></span> </div> </li> <li class=\"li-norm\"><span class=\"linum\">b</span> <div class=\"p\"> <span class=\"sfragment\" id=\"sfr_32BBC12D-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The contractual payment obligations under the agreement </span></span> </div> </li> <li class=\"li-norm\"><span class=\"linum\">c</span> <div class=\"p\"> <span class=\"sfragment\" id=\"sfr_32BBC217-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">A discount rate commensurate with the risks involved. </span></span> </div> </li> </ol> </div> </div>","snippet":"Any present value technique for measuring the fair value of the contribution or payments to be made to other beneficiaries shall consider the elements described in paragraph 820-10-55-5, including the following:\n(a) The …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3f87c04cf749c2f06b35bd6b52b5ff1b7f7f5f284613fbdcf2f660eab41b6af0","downloaded_from":"2026-09-10T02:22:11.482Z","last_downloaded_at":"2026-09-10T02:22:11.482Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480677","source_sha256":"224b0242adcf408e827ef8f83bfc0ac19a724bb8c6bddc9ecfe03243207b3489"}},{"citation":"958-30-30-7","para":"30-7","html":"<div class=\"asc-body\"><div class=\"norm-text\"> <span class=\"sfragment\" id=\"sfr_32BBC338-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Under a <a href=\"/glossary/l/#lead-interest\" class=\"term\" title=\"The right to the benefits (cash flows or use) of assets during the term of a split-interest agreement, which generally starts upon the signing of the agreement and terminates at either of the following times: After a specified number of years (period-certain) Upon the occurrence of a certain event, commonly either the death of the donor or the death of the lead interest beneficiary (life-contingent).\"><span>lead interest</span></a> agreement, the fair value of the contribution can be estimated directly based on the present value of the future distributions to be received by the NFP as a beneficiary. </span></span> <span class=\"sfragment\" id=\"sfr_32BBC424-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\"> Under lead interest agreements, the future payments to be made to other beneficiaries will be made by the NFP only after the NFP receives its benefits. </span></span> <span class=\"sfragment\" id=\"sfr_32BBC562-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">In those situations, the present value of the future payments to be made to other beneficiaries may be estimated by the fair value of the assets contributed by the donor under the agreement less the fair value of the benefits to be received by the NFP. If present value techniques are used, the fair value of the benefits to be received by the NFP shall be measured at the present value of the benefits to be received over the expected term of the agreement. </span></span> </div> </div>","snippet":"Under a lead interest agreement, the fair value of the contribution can be estimated directly based on the present value of the future distributions to be received by the NFP as a beneficiary. Under lead interest agreeme…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5a23443ac0316659c71e1d66f1cba6ebf37cebb8d3454ddea0fdcb9224959407","downloaded_from":"2026-09-10T02:22:11.482Z","last_downloaded_at":"2026-09-10T02:22:11.482Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480677","source_sha256":"224b0242adcf408e827ef8f83bfc0ac19a724bb8c6bddc9ecfe03243207b3489"}},{"citation":"958-30-30-8","para":"30-8","html":"<div class=\"asc-body\"><div class=\"norm-text\"> <span class=\"sfragment\" id=\"sfr_32BBC6AF-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Under <a href=\"/glossary/r/#remainder-interest\" class=\"term\" title=\"The right to receive all or a portion of the assets of a split-interest agreement remaining at the end of the agreement's term.\"><span>remainder interest</span></a> agreements, the present value of the future payments to be made to other beneficiaries can be estimated directly based on the terms of the agreement. </span></span> <span class=\"sfragment\" id=\"sfr_32BBC79C-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Future distributions will be received by the NFP only after obligations to other beneficiaries are satisfied. In those cases, the fair value of the contribution may be estimated based on the fair value of the assets contributed by the donor less the fair value of the payments to be made to other beneficiaries. </span></span> </div> </div>","snippet":"Under remainder interest agreements, the present value of the future payments to be made to other beneficiaries can be estimated directly based on the terms of the agreement. Future distributions will be received by the …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:13f31624b62833a3eab9bf035927ee7918282523a927037aa2fe13530c019d8a","downloaded_from":"2026-09-10T02:22:11.482Z","last_downloaded_at":"2026-09-10T02:22:11.482Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480677","source_sha256":"224b0242adcf408e827ef8f83bfc0ac19a724bb8c6bddc9ecfe03243207b3489"}},{"citation":"958-30-30-9","para":"30-9","html":"<div class=\"asc-body\"><div class=\"norm-text\">Pursuant to Section <a altsource=\"GUID-560B4178-0C0D-4142-A6B1-F5668F315021.ditamap\" class=\"ditamap\">815-15-30</a>, an embedded derivative in an obligation for future payments to be made to other beneficiaries shall be measured at fair value. Alternatively, an NFP that serves as a trustee or fiscal <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> can irrevocably elect to measure the entire obligation at fair value pursuant to Section <a altsource=\"GUID-A2CBDF18-8AA0-4CDA-B5BE-4221D57DC9BA.ditamap\" class=\"ditamap\">815-15-25</a> or the Fair Value Option Subsections of Subtopic <a altsource=\"GUID-949FE0F4-4A71-425B-8009-76B1AB716B1C.ditamap\" class=\"ditamap\">825-10</a>.</div> </div>","snippet":"Pursuant to Section 815-15-30, an embedded derivative in an obligation for future payments to be made to other beneficiaries shall be measured at fair value. Alternatively, an NFP that serves as a trustee or fiscal agent…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7133019a1387e42e7b772b59e220b37329a255baf0d0c0c98879e964d3165595","downloaded_from":"2026-09-10T02:22:11.482Z","last_downloaded_at":"2026-09-10T02:22:11.482Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480677","source_sha256":"224b0242adcf408e827ef8f83bfc0ac19a724bb8c6bddc9ecfe03243207b3489"}},{"citation":"958-30-30-10","para":"30-10","html":"<div class=\"asc-body\"><div class=\"norm-text\"> <span class=\"sfragment\" id=\"sfr_32BBC88E-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The contributed assets received from the donor under a pooled income fund agreement or a <a href=\"/glossary/n/#net-income-unitrust\" class=\"term\" title=\"A trust established in connection with a split-interest agreement, in which the donor or a third-party beneficiary receives distributions during the agreement's term of the lesser of the net income earned by the trust or a fixed percentage of the fair value of the trust's assets, with or without recovery and distribution of the shortfall in a subsequent year. Upon termination of the trust, a not-for-profit entity (NFP) receives the assets remaining in the trust.\"><span>net income unitrust</span></a> shall be recognized at fair value. </span></span> <span class=\"sfragment\" id=\"sfr_32BBC967-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\"> The contribution shall be measured at fair value. Present value techniques are one valuation technique for measuring the fair value of the contribution; other valuation techniques are also available, as described in Topic <a altsource=\"GUID-0C8D9651-1182-4A36-827F-0C71E4C9D9F4.ditamap\" class=\"ditamap\">820</a>. If present value techniques are used, the contribution may be measured at the fair value of the assets to be received, discounted for the estimated time period until the donor's death. </span></span> </div> </div>","snippet":"The contributed assets received from the donor under a pooled income fund agreement or a net income unitrust shall be recognized at fair value. The contribution shall be measured at fair value. Present value techniques a…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:838de5fec053ed6fb5fe87867df2eb64877dba3df067f7f44d3b05b401043ca5","downloaded_from":"2026-09-10T02:22:11.482Z","last_downloaded_at":"2026-09-10T02:22:11.482Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480677","source_sha256":"224b0242adcf408e827ef8f83bfc0ac19a724bb8c6bddc9ecfe03243207b3489"}},{"citation":"958-30-30-11","para":"30-11","html":"<div class=\"asc-body\"><div class=\"norm-text\"> <span class=\"sfragment\" id=\"sfr_32BBCA43-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Pursuant to paragraph <a href=\"/asc/605/958/#605-958-30-14\" class=\"xref\">958-605-30-14</a>, if an NFP is the beneficiary of a split-interest agreement held by a third party and has an unconditional right to receive all or a portion of the specified cash flows from the assets held pursuant to that agreement, the NFP shall measure its beneficial interest at fair value. </span></span> </div> </div>","snippet":"Pursuant to paragraph 958-605-30-14, if an NFP is the beneficiary of a split-interest agreement held by a third party and has an unconditional right to receive all or a portion of the specified cash flows from the assets…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:72dafb0ca5ef642afadce816edefbb90360bccdd5fe43b11dab9411bdea7879d","downloaded_from":"2026-09-10T02:22:11.482Z","last_downloaded_at":"2026-09-10T02:22:11.482Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480677","source_sha256":"224b0242adcf408e827ef8f83bfc0ac19a724bb8c6bddc9ecfe03243207b3489"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:93026bfb9ef832d8bc2af834e20affdff793c43cd0b7d05ea15b3dae6ddb46d4","downloaded_from":"2026-09-10T02:22:11.482Z","last_downloaded_at":"2026-09-10T02:22:11.482Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480677","source_sha256":"224b0242adcf408e827ef8f83bfc0ac19a724bb8c6bddc9ecfe03243207b3489"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5fcc72c8c42b3e81db26a71aadd179dddb5c335c53cebcd7de636290269a9e0e","downloaded_from":"2026-09-10T02:22:11.482Z","last_downloaded_at":"2026-09-10T02:22:11.482Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480677","source_sha256":"224b0242adcf408e827ef8f83bfc0ac19a724bb8c6bddc9ecfe03243207b3489"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5fcc72c8c42b3e81db26a71aadd179dddb5c335c53cebcd7de636290269a9e0e","downloaded_from":"2026-09-10T02:22:11.482Z","last_downloaded_at":"2026-09-10T02:22:11.482Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480677","source_sha256":"224b0242adcf408e827ef8f83bfc0ac19a724bb8c6bddc9ecfe03243207b3489"}}