Adding a Premium
Premiums are (taxable) gifts given to a donor in exchange for a (non-taxable) donation. Examples of premiums include merchandise such as a t-shirts or publications. Premiums can also include taxable portions of fundraising events or sessions such as the cost of dinner at a banquet or greens fees for a golf outing as well as memberships.
Before an item can be used as a premium it must first exist in netFORUM. For example, if you would like to award a membership to a donor for making a gift, the membership must first be set up in the Membership module.
To add a premium, complete the following steps:
- Go to
- Click the Find Premium group item link. The Premium Group item appears under the More... link.
- Click the Add Premium group item link. The Add - Premium page opens.
- Fill in the fields as described in the table below:
Fields Required? Description premium Required Enter the first few letters of the name of the premium and select your premium from the list of matches, or click the search 
button for a full list. taxable amount Optional Once you select a premium, the cost of the item appears in this field. - Click the Save button to save your changes and go to the Fundraising Premium Profile.
- You must also set the conditions that will make this premium available for a donation.
- You must also associate the premium to a fund. This will allow it to be made available to donors who make donations to that fund.
- When a membership is used as a premium, the join and expiration dates of the membership will be based on the date the premium was awarded to the donor.