The Information Palette is a floating window that accompanies input windows. It is designed to give the fundraiser important information about the context of the record they are viewing. The exact information provided varies depending on the module you are using, and was selected based on feedback from fundraiser's regarding the information they most frequently needed. The Information Palette provides that information without any lookup, report generation or other effort, and updates itself immediately when the underlying data changes.
This is an example of the Information palette displayed in the Donor Input Window:
In the Pledge Module, the Information Palette serves to inform you about the pledge status: