Restricted Fund

Restricted Fund

Money that may be used only for a certain purpose. For example, a donor may give to a nonprofit, provided the donation is used exclusively to fund a scholarship for underprivileged children. Restricted funds must be accounted separately from an organization's other funds. It is a common type of restricted asset.
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In a separate motion, Miller suggested the proceeds of the sale be placed in a restricted fund for capital improvements.
2008 Funded the development of an Intern guide and revision of the Careers in Real Estate Management booklet / Became a sponsor of the IREM 75th Anniversary Veterans Initiative / Launched Chapter Restricted Fund program
The display of restricted fund balances in capital project funds makes the limited use of those funds very clear to financial statement users.
SCRIPPS FUND $1,000 NEW CENTURY FUND $24,387 COMMISSIONERS FUND $11,057 TOTAL TEMPORARILY RESTRICTED EXPENSES $42,444 TOTAL NET TEMPORARILY RESTRICTED INCOME OVER EXPENSES * $92,875 RESTRICTED FUNDS ** INCOME USITT FUND $2,308 INVESTMENT EARNINGS $10,934 TOTAL RESTRICTED FUND INCOME $13,242 EXPENSES USITT FUND $0 TOTAL RESTRICTED FUND EXPENSES $0 TOTAL NET RESTRICTED INCOME OVER EXPENSES * $13,242 TOTAL INCOME OVER EXPENSES--ALL FUNDS $417,318 ** Income and expenses are no budgeted for Temporarily Restricted and Restricted Funds.
This restricted fund could be drawn on to help with property purchase if the appeal falls below its target.
If anyone would like to donate specifically to projects, facilities or individual service personnel in Wales, they can do so through a restricted fund, just let our grants team know.
But the charity's chief executive has now said that a restricted fund forWales will ensure donors' money goes only to Welsh servicemen and women in the future.
6 million through other sources as a restricted fund to support its programs.
All the same, funds other than the general fund could report a negative amount of unassigned fund balance should the total of nonspendable fund balance, restricted fund balance, and committed fund balance exceed the total net resources of the fund.
Presently they have $50,000 in a CCRF restricted fund and so they will have committed $325,000.
The general and restricted fund balance sheets from the audited financial statement are reproduced as part of this report.
The Clearwater Bar Foundation also has created a restricted fund to accept tax deductible donations to support the program.

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