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Understanding Restricted Funds
Course/Training/Event Details
In this three minute video, you will learn how to work with donations, grants, or individual contributions that come with a few strings attached. These could be restrictions on how the money will be used or the time frame in which it can be used. The funds could be temporarily restricted or permanently restricted. If there are no restrictions, then you have unrestricted funds. 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. This video is ideal for new financial managers and anyone new to nonprofit finance.
Length:
3 minutes
Level:
All levels
Cost:
Free
Class Language:
English
Instructor(s):
Propel Nonprofits (formerly Nonprofits Assistance Fund)
IMPORTANT: External link to NonProfitReady
When linking to access this class, a new window will open and you will be redirected to NonProfitReady, the official provider of the class you selected. You may need to log in, so if you are not yet registered with them you may be required to do so in order to access the content (free registration).GlobalSparks offers this listing free of charge, and this class/training was free at the time of our last database update; however, but we have no control on changes that may occur over time as the content supplier reserves the right to update their price structure. Please let us know if you encounter any difficulties – we’re here to help!
Understanding Restricted Funds