TormanoFunds let you tag every donation with a designation — General Fund, Building Fund, Scholarship Fund, Memorial Fund, etc. — so you can report on restricted balances accurately.
Setting up funds
Funds are created inline on the Funds tab (Donations > Funds, /funds) — click + New Fund. Each fund has:
- Name — what donors and reports call it.
- Fund type — Unrestricted, Temporarily Restricted, or Permanently Restricted.
- Goal amount — an optional fundraising target.
- Active — inactive funds stop appearing in the donation form's fund picker, but historical donations keep their designation.
Designating a donation
When recording a donation, the Fund dropdown lists your active funds. Donation forms can also present fund choices to donors so they can self-designate.
Reporting
The Funds tab shows each fund with its type, goal amount, and current balance from the donations designated to it. This is a designation-tracking view for reporting on restricted giving — Tormano is not a general ledger, so it doesn't post expenses or journal entries against fund balances.