Special Purpose Fund

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Special Purpose Fund

Money set aside for a particular purpose. For example, a non-profit organization specializing in childhood development may designate a special purpose fund for subsidizing school lunches and another for after-school tutoring. It is rarely abbreviated "spfund."
References in periodicals archive ?
16 billion from the budget released from January to November came in the form of special purpose funds.
295 billion and special purpose funds with the amount of P7.
Direct co-investments into a portfolio company or investments in small co-investment or special purpose funds where control or consent rights exist can also be liability inducing.
He can take it from his billions of special purpose funds.
It is likely that the remaining Ph1 trillion will mostly go to debt service payments and special purpose funds.
7 percent of the city's expenditures, and selected special purpose funds, representing about 1.
Using the 1998-99 budget figures and going by ZIP codes, the report said the Valley generated $956 million of the $3 billion for the city's general fund, special purpose funds and additional budget revenues.
Special purpose funds enable ASAE to capitalize on unique opportunities for growth in our professions and our Society.
We have also audited the consolidated balance sheets of the Special Purpose Funds of the National Education Association of the United States and subsidiary as of August 31, 1991 and 1990, and the related consolidated statements of activity and changes in fund balances for the years then ended.
Contributions from individuals, family foundations, corporations, and foundations can be accepted by the Foundation and designated for the unrestricted allocation by the Foundation Board or for the establishment of named endowment or special purpose funds as desired by the donors.
5 billion in other releases from continuing appropriations for departments and special purpose funds, unprogrammed appropriations, as well as other automatic appropriations for grants and donations, special account in the general fund military camps sales proceeds fund, and revalidation of the Armed Forces of the Philippines modernization program.

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