Restricted Donation

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Restricted Donation

A donation in which the donor requires a specific use. For example, a donor may make a restricted donation to a non-profit organization requiring the money to be used for after-school tutoring. In such cases, the non-profit may not use the donation to subsidize student lunches. See also: Unrestricted donation.
References in periodicals archive ?
Golemme, a member of the Massachusetts Bar Association's Taxation Law Section and a lawyer with Taylor, Ganson & Perrin LLP in Boston, said that with restricted donations, a charity is generally obliged to comply with those restrictions or not accept the property if it cannot comply.
Restricted donations to fund the pilot project were received from Harold Burson, founding chairman, Burson-Marsteller; W.
The amounts were drawn from restricted donations to the diocese's "Future Full of Hope" fund and from a collection for overseas missions.
In addition to reducing the number of restricted donations, UWPV is making strides in garnering a younger constituency.
We get a lot of restricted donations, but this will be really helpful.
That concern, Ross said, is the reason why the vast majority of US living-donor transplant programs have restricted donations to those with close family or emotional ties to the patient.
PVM is in the middle of a state-wide fundraising campaign which has increased donations (system-wide the campaign has netted a strong $9 million in unrestricted, temporarily restricted, and permanently restricted donations as of Sept.
But, a positive common thread is the restricted donations continue to be strong.

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