ACH and wire transfers can be made directly to the project. MSC will share a PDF with bank information and ACH bank verification with each FSP. 

Notify Finance of Incoming Transfers:

To ensure incoming transfers are recorded correctly please create an opportunity for any funds you expect to recieve.

Transfers to MSC’s main bank account:

Between the 10th and 26th of the following month, Accounts Receivable reviews deposits to MSC’s account and Netsuite records and move cash to the project account.

If  Accounts Receivable and Operations cannot determine the project designation of an ACH/Wire Transfer, they will enter the information into the unidentified revenue list. Projects should review the list at least monthly.

Per IRS guidelines, Movement Strategy Center provides written acknowledgment of all charitable contributions, noting the date and amount of the contributions, as well as any donor restrictions regarding the use of the funds. MSC will draft acknowledgment letters for individual donations at the end of each quarter. Projects are not responsible for sending out acknowledgement letters but are encouraged to continue to strengthen the relationship with their donors by sending them personalized thank-you messages.

For all donation acknowledgment inquiries, please contact info@movementstrategy.org.