Restricted Fund

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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.
References in periodicals archive ?
Just to pay the suppliers, we tapped restricted funds such as capex [capital expenditure], retirement fund,' Castillo said.
Instead, the operating losses were assigned to a Myeloma Institute account that should have been used only for restricted funds and specific purposes.
Resident financial assistance support from the non-obligated foundation, restricted funds and ongoing philanthropy provides support for WCR's mission and creates a competitive advantage.
The rules require NPOs to restrict the surplus money properly set aside, excluding restricted funds, up to 25pc of the total annual income.
The vast majority of the revenue would be categorized as restricted funds, meaning that such funds are earmarked for special infrastructure projects like water line repair and replacement, business development and health insurance.
"Restricted funds represent donations received towards the direct costs of the search for, and the investigation into the disappearance of, Madeleine." Kate, of Rothley, Leics, wrote the book in 2011.
After much research and due diligence, I developed a plan to fund the Treasury entirely with restricted funds from unclaimed property, returning 100% of remaining taxpayer appropriations back to the General Assembly."
Charitable trusts are required to identify whether the donations they receive are restricted funds (must be used as specified by the donor) or unrestricted funds (used at the discretion of the trustees).
Bankruptcy Court for the Southern District of New York, JPMorgan will pay USD1.42bn to Lehman and its affiliates and release approximately USD76.5m of restricted funds.
Communications and Works Minister Marios Demetriades has said that development projects in the state budget for 2015 would be limited due to restricted funds, however growth would be pursued through projects with private investments, such as the privitisation of Limassol Port, energy upgrading of government buildings and street lighting, and the unification of the mobile telephony network.
Knowing the character of the constraints immediately reveals the actual flexibility that a government has over the use of the resources it manages and the amount of restricted funds available for specific purposes.
The commercial is only posted online due to restricted funds but nobody seems to be complaining much about it.

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