Many charities set up one or more restricted funds. This is done most often to honour a donor's restriction request or to provide a way for donors to direct their gifts to a specific project or longer-term purpose outside of the General Fund. Though there are good reasons to set up restricted funds, the charity's leadership must understand that doing so sets up a special purpose charitable trust, which has several implications for the charity.
In this high-level webinar we will answer the most frequently asked questions about restricted funds:
Length: 22 mins 55 sec
Presenter: Gilbert Langerak
CCCC Members have unlimited, free access to this webinar. Non-members must purchase this webinar. Each order is valid for 14 days from the date of purchase and may be shared with any board or staff member within your ministry.