Frequently Asked Questions
What is a quarterly giving statement?
Quarterly giving statements are mailed on a quarterly basis to all donors who have made a gift or a pledge to Fourth Presbyterian Church or Chicago Lights during that calendar year. These statements are sent for donor review and information.
Why is there a pledge balance listed for Project Second Century or the Organ Fund? I am not planning to pay that pledge this year.
A giving statement is simply a summary of all gifts and pledges, including those a donor might have indicated would be paid across multiple years. The statement is not a bill. As a summary for donor information purposes only, it does not reflect a donor’s intent to pay the indicated amount in the current calendar year but simply indicates the total remaining pledge balance.
I made a gift of stock, but I don’t see the amount listed.
This report distinguishes between gifts of cash and gifts of property. It does not assign a value to stock gifts but rather lists the security, the number of shares, and the date your gift was received.
I purchased a ticket or item at the Carnaval benefit, but the amount on the statement does not match the amount I paid.
The amount listed on the statement reflects the portion of the purchase that is tax-deductible. The tax-deductible portion of benefit purchases is the amount that exceeds the fair market value of the item or the goods and services cost associated with the ticket purchase.
I don’t understand the information listed in the column titled “Reference #.”
The Reference # column denotes how the gift was made. Numbers in the column correspond with your check number. A reference to CC or Vanco indicates that the gift was made by credit card or through our website.
Some of my gifts weren’t directed the way in which I intended. What can I do to ensure that they get to the right fund?
We are committed to directing gifts in the way that our donors intend. However, we always appreciate clear direction to ensure we get it right. Please make your checks payable to Fourth Presbyterian Church or to Chicago Lights.
If your gift should be directed to a specific fund or program, please note that clearly on the memo line of your check or in a note accompanying it. Please note that gifts without direction are applied to the Fourth Church operating fund.
You can also set up one-time or recurring gifts to the funds you choose using our online giving system. For further assistance, please contact Kevin Mulcahy, Gift Processing and Donor Information Coordinator (312.252.3598).
Last year I paid my pledge online automatically, but this year my card hasn’t been charged. Why?
Automatic gift payments do not carry over from year-to-year without express written direction from the donor in the way of a pledge card or email. Donors are welcome to update their account information online or complete a pledge card indicating they would like us to continue their pledge with the information on file.
Whom can I contact for additional information?
Please contact Kevin Mulcahy, Gift Processing and Donor Information Coordinator (312.252.3598), with any additional questions or concerns about giving or your quarterly giving statement.