Dear Governance Matters,
We are looking for guidance about credit card fees. As a non-profit agency with online donations and ticket sales, where should we put credit card fees in the agency's budget? Do the fees go under "Fundraising Expenses" or under "General Administration" as a cost of running the agency?

Judy

Dear Judy,
First, your accountant would be the best person to answer this question, but as far as our "experts" know, the credit card fees for online donations and ticket sales (fundraising) go into the budget as "Fundraising Expenses."

Anne, editor
Governance Matters "Ask the Experts"