These are funds our Board of Trustees has flagged to be spent only in a certain way or for a certain purpose. See also: Restricted Funds
Current operating funds that have been limited for a specific purpose by specific action of the Board of Regents or by an administrative unit of the University authorized by the Board to designate funds. Gifts are considered designated funds if the funds are available for current operating expenditures by one or more organizational units of the University and the donor has not restricted the use of the funds to a specific activity or purpose.
Monies or funds assigned for a specific purpose or designated for investment by a specified person or in a specified way or at a particular time
contributions which the donor has designated to a specific voluntary agency(ies), federation(s), or general option(s). Also see Undesignated Funds.
Unrestricted Funds which have been accumulated over time and set aside for a particular purpose by the Trustees.
A type of restricted fund in which the fund beneficiaries are specified by the grantors. Directors & Officers Insurance: Also referred to as D&O insurance, this insurance coverage indemnifies an organization's directors, officers and managers against penalty taxes and other liabilities.
Funds held by a business (typically a solicitor or accountant) on behalf of another. The funds in the bank account are held in this specific client's name.
Funds typically created to ensure that support will be provided to one or more specific charitable organizations named by the donor. Designated funds often are endowed in perpetuity with the income used to support the organizations on an ongoing basis.
