For "Add an <Item>" option in lookup fields, include functionality to bring over values from several fields

For "Add an <Item>" option in lookup fields, include functionality to bring over values from several fields

The feature to enable "Allow users to add new entries in <Another Form>" is great; however, it is limited by not being able to bring key information over to the second form from the parent form.  For example, in my application, clicking on "Add a Project" from a form with issues should bring over the latter form's information on organization, responsible party and IT system involved. Forcing the user to fill out all this information on the project form, when he/she has already done so on the previous form, is dreary. I'd like to see an option to specify which fields on the parent form would populate the input values for the second.