Business, 13.03.2020 17:27 emmaraeschool

Which of the following terms is used to indicate that a donor provided a gift withh explicit instructions that the gift is to be used for a specific purpose by the not for profit but the entire amount may be spent right away?

A. Board-designated net assets

B. Permanently restricted net assets

C. Endowment assets

D. Temporarily restricted net assets.

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