[Verse 1] Corporation gets a gift with strings attached tonight Donor says "build the library wing" in black and white Money hits the bank but hold up, don't celebrate Revenue recognition has to wait [Chorus] Defer, defer when restrictions bind Match the spending, that's the sign Dollar out means dollar in Deferred contribution method wins Time it right, match the flow Restricted funds, take it slow [Verse 2] Balance sheet shows liability, not earned revenue yet Contribution sits deferred until conditions are met Construction starts, invoices paid, progress takes its course Now we recognize by matching each resource [Chorus] Defer, defer when restrictions bind Match the spending, that's the sign Dollar out means dollar in Deferred contribution method wins Time it right, match the flow Restricted funds, take it slow [Bridge] Unrestricted gifts go straight to revenue today But restricted ones must earn their way Capital assets built from donor funds Amortize revenue as depreciation runs [Verse 3] Endowment income, research grants, capital campaigns All follow matching logic when restrictions remain Track expenditures against the designated source Recognition follows spending's natural course [Final Chorus] Defer, defer when restrictions bind Match the spending, that's the sign Dollar out means dollar in Deferred contribution method wins Time it right, match the flow Restricted funds, take it slow [Outro] When donors designate the use Don't let revenue run loose Match it up, that's the rule Deferred method is the tool
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