New Series – Discussion Issue 1: Grants to Nonprofit Sponsors for Real Estate Development

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Discussion Issue 1: Grants to Nonprofit Sponsors for Real Estate Development

The Strength Matters Financial Professionals group presents the first paper in a new series. The paper discusses financial reporting issues around Grants to Nonprofit Sponsors for Real Estate Development. Separated into two subtopics: accounting for grants received by nonprofit sponsors on behalf of related party real estate development projects, and accounting for notes receivable by a nonprofit sponsor recorded when grant funds are loaned to a related party real estate development project.

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