Foundations acquire buildings using contributions of cash or in-kind. There are three methods to record building acquisition expenses: expense recording, capitalization of expenses, and first expense recording and later capitalization. Expense recording shows the building on the budget and income statement but not the balance sheet. Capitalization shows the building as an asset on the balance sheet but doesn't include contributions. The first expense recording and later capitalization method includes the building on the balance sheet and shows related revenues and expenditures on the budget and income statement. The first method is simple but lacks balance sheet visibility, while the third method is more complex but provides detailed financial data.