What is the difference between restricted and unrestricted funds?
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Studied at the University of Buenos Aires, Lives in Buenos Aires, Argentina.
Donors to a nonprofit organization may designate or "restrict" the use of their donations to a particular purpose or project. An example is a gift to a special scholarship fund at a university. "Unrestricted" funds are donations the nonprofit may use for any purpose.Jan 9, 2017
2023-06-17 10:53:35
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Amelia Taylor
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Donors to a nonprofit organization may designate or "restrict" the use of their donations to a particular purpose or project. An example is a gift to a special scholarship fund at a university. "Unrestricted" funds are donations the nonprofit may use for any purpose.Jan 9, 2017