Endowment accounting and reporting software made simple Relations
Endowments are complex, but your software should make managing them easy. EverTrue’s endowment accounting and reporting software solutions save your team time, keep donors in the loop, and ensure all data is always secure.
Top Endowment Accounting Software Features
- Accurate unitization to track units across all endowed funds
- Spending formulas to eliminate the need for manual calculations
- Clean, trackable records of all endowment activity
- Financial documents ready for auditor review
- Secure user permissions to keep financial and donor information protected
- User-friendly endowment report templates
- Online endowment report delivery
No-Stress Endowment Accounting, High-Quality Outcomes
Unitization, allocation, and spending simplified
Define funds, spending rules, and restrictions to create formulas you can rely on for investing, allocation, and spending, all while avoiding the potential errors that come with manual application.
Empowered, confident investment decisions
Ensure your team has the data it needs to honor donors’ wishes, make smart investments, and grow your endowment. EverTrue’s fund-level reporting surfaces real-time market value, historical gifts, and available spending so you always have up-to-date data.
Ready-made, audit-ready financial statements
Generate fund-level views, activity summaries, spending calculations, and period-end balances to share with your finance team and auditors alike.
Secure user permissions for all stakeholders
Offer access to your endowment data to everyone who needs it, while still maintaining security. With EverTrue’s endowment accounting software, you can create unique user role permissions that give all stakeholders the exact level of access they need.
Engaging digital endowment report delivery
Create professional reports that keep donors informed, demonstrate the impact of their gifts, and build trust in your endowment. Deliver high-quality printed reports or create interactive, personalized online experiences to engage all of your supporters.
The Full EverTrue Endowment Accounting Suite
EverTrue offers three endowment accounting and reporting-related tools. Discover how Balance, Impact, and ODDER can help you individually and together.
Balance by EverTrue is an endowment accounting tool with a mission to help your team bring balance to your endowment management process. Balance supports the entire endowment lifecycle, from unitization and allocation to spending, reconciliation, and reporting, all within a centralized, secure, and scalable system.
Through Balance, your organization can upgrade your endowment accounting strategy with these features:
- Endowment accounting and unitization
- Fund activity and structure management
- Reconciliation and audit support
- Reporting, access, and oversight
Show every donor exactly what their generosity made possible with Impact by EverTrue. Impact provides a series of user-friendly endowment templates that nonprofits can use to design professional, branded reports. Plus, Impact integrates with the rest of EverTrue’s suite of tools, allowing you to import accurate data, share reports alongside personalized videos, and turn reports into interactive digital experiences.
Level up your endowment report delivery with ODDER by EverTrue. ODDER transforms simple endowment reports into online interactive experiences, helping nonprofits create fully personalized, branded digital reports.
Endowment Accounting FAQ
Endowments are major funds that have several moving parts and require unfailing security, and endowment accounting software helps organizations manage these funds without relying on spreadsheets and other unoptimized tools. By upgrading to specialized endowment accounting software like Balance, your nonprofit can reduce time spent on administrative tasks, ensure data security, and make day-to-day management simple.
Impact and ODDER are unique products and can be used separately or together. Impact helps organizations create professional endowment reports that can be printed or shared digitally. ODDER then takes these endowment reports to create interactive online experiences.
At EverTrue, we take data security seriously. Balance has been thoroughly vetted and has multiple security protections in place, including:
- Completed HECVAT certification
- Our applications and client data are hosted at an SSAE18-audited facility that is monitored 24/7
- Balance is audited yearly for SOC 1 and SOC Type II compliance
- All Balance application sessions are encrypted over TLS connections
- Each client’s data is maintained in its own database
- Balance uses multi-factor authentication and regular login and activity monitoring
