Restricted Reserves
Reserves which can only be spent on a specific purpose (ultimately decided by the trustees, sometimes on the instructions / wishes of a donor whose gift is conditional). To spend restricted reserves on an item outside of the parameters set would be unlawful.
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Restricted Reserves
Reserves which can only be spent on a specific purpose (ultimately decided by the trustees, sometimes on the instructions / wishes of a donor whose gift is conditional).
To spend restricted reserves on an item outside of the parameters set would be unlawful.
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Sign up to receive The Nest Egg today - ideas and thoughts on raising money, big sector topics, training, development and (occasionally) forays into nature, DIY projects, political rants and favourite snacks…
