One time gifts requested on or before 11:59pm Central Time December 27, 2012 with a posting date on or before December 31, 2012 will be reported as a gift in 2012. One time gifts requested after 11:59pm Central Time on December 27, 2012 will be reported as 2013 gifts.
Recurring gifts will be processed on their scheduled date and reported in the year the transaction is deducted from your bank account. Bi-monthly gifts will be deducted on December 31, 2012. Gifts scheduled for December 29-31 will be deducted on December 31, 2012 and will be reported as a gift in 2012.