donated capital

Funds or property given as a gift to a corporation. The donation may be from individuals or organizations not affiliated with the corporation. See also contributed capital.

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contributed capital

References in periodicals archive ?

This disclosure is not only disturbing for the Bhutanese people but also for all the donors internationally who expect the donated capital to be put to good use meeting the laid out goals as well as the deadlines.

Small Country Big Dreams

However, the term fair value has been used until now to describe an entry/buy price in the case of donated capital assets and capital assets generated in connection with a service concession arrangement.

GASB issues final guidance on fair value

ANZ (NYSE: ANZ) has announced that it has donated capital for flood relief operations in Jakarta.

-ANZ donates capital for Jakarta flood relief

Since 1993, ENMR*Plateau Telephone Cooperative (Clovis, N.M.) has capitalized on its state law that allows unclaimed capital credit checks and donated capital credit checks to be rolled into a nonprofit educational foundation.

NTCA members put unclaimed capital credits to good use

The cultural organization had to give back donated capital funds when it canceled the Part Two expansion, and the television station came under intense public criticism of its operations when promises they had made in the late 1990s could no longer be fulfilled.

The 9/11 effect: attacks just part of the problem

Donated capital assets are shown at fair market value plus ancillary charges.

What the Accountant Must Know ABOUT Governmental Accounting Standards Board (GASB) Statement Number 34

Donated capital assets generally should be recorded and treated as another financing source when sold and should be directly recorded in the general fixed-asset account group upon receipt.

How GASB 11 will affect municipal governments' financial reporting

Other donated capital assets are recorded only in the General Fixed Asset Account Group.

GASB moves ahead with MFBA: credits to follow later

Finally, the ED proposes to distinguish fair value (a market-based exit price) from acquisition value (a market-based entry price) and use the latter for valuing donated capital assets, donated works of art, historic treasures, and capital assets received in connection with service concession arrangements.

GASB proposes fair value guidance

HSBC Holdings (LSE: HSBA) has announced that it has donated capital to GNAAS.

HSBC provides for local charity

Furthermore, the "gain" portion of the additional capital invested by minority shareholders can be likened to donated capital. Certainly a city that donates an industrial site to a corporation is no more of an investor than minority shareholders, yet conventional practice treats the donation as additional paid-in capital.

Accounting for subsidiary stock transactions

GAAP require that donated capital assets be recorded at their fair value as of the date of donation.