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Too Many Restricted Funds in Your Nonprofit? 

Terisa Clark
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What to do when you have too many donor restricted funds and not enough money for nonprofit operations!
Full Article here: www.terisaclar...
Are you a nonprofit leader? Get my FREE Financial Tasks Checklist here: www.terisaclar...
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I’m a CPA and former nonprofit CFO with 25+ years of experience in the nonprofit sector. My mission is to help nonprofit organizations answer the money questions so that they can achieve financial strength and accomplish their mission!
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5 сен 2024

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Комментарии : 5   
@ccafKhmer
@ccafKhmer 2 месяца назад
Great!
@johnniebgoode
@johnniebgoode 5 месяцев назад
This is brilliant. I am bringing it to our board next month. We have restricted funds that have years of cobwebs covering them. Years!!!!!!!!! Close them and let's focus on something new.
@terisaclark
@terisaclark 5 месяцев назад
I’m so glad it will help you reset and get focused on what’s ahead!!
@itsjustastitch9615
@itsjustastitch9615 2 месяца назад
If part of a membership fee is for a specific program, does that make it a Restricted fund. This is a small homeschool organization and there is a fee to be part of student council. Are those fees considered "restricted"?
@terisaclark
@terisaclark 2 месяца назад
It depends…. A restricted gift occurs when a donation has a restriction placed by the donor (typically to a restricted purpose) the nonprofit has opened up for donor restricted giving.
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