Understanding Restricted Funds
Channel: Propel Nonprofits
Date: 2018-12-12

From time to time you'll have donations, grants, or individual contributions that come with a few strings attached, or what we call funds with donor restrictions. These could be restrictions on how the money will be used or  the time frame in which it can be used. If there are no restrictions, then you have funds without donor restrictions (these are likely your favorite kind).

It's important to know how restrictions can affect your budget, and how to manage these restricted funds to ensure appropriate use and legal compliance.