Value of revenue contributed as grants and donations during the reporting period.
Value of revenue contributed as grants and donations during the reporting period.
This metric is intended to capture revenue from both unrestricted and restricted operating grants and donations. It should not include equity grants for capital, grants intended for future operating periods, or grants that will be passed through to other organizations. Organizations should recognize grant revenue on a systematic basis as income over the periods necessary to match them with the related costs which the grants are intended to compensate. If a grant relates to expenses already incurred and no future related costs are expected, the grant should be recognized as income in the period during which it becomes receivable.
This metric should include only financial grants and donations received and not the value of in-kind donations.
This is a submetric of Total Revenue (FP6510), which has 6 other related submetrics.
Metrics identified as "cross-category" are those that are relevant to any IRIS+ Impact Category or Impact Theme (i.e., these metrics are not specific to any particular industry/category or theme).