If someone walks up to you at a fundraising event and says, "I'll give your organization $10,000 next year," that sounds like great news. And it is! But before you record that promise in your books, you need to ask one important question: is there a catch? That question is at the heart of the difference between conditional and unconditional pledges, and getting it right matters a lot for your nonprofit's financial statements. So What Is a Pledge, Anyway? A pledge (sometimes c