FAQs

What are Unrestricted, Restricted and Restricted Endowed Funds?


Unrestricted funds - the principal and any interest can be used as determined by the Trustees.

Restricted Funds - may only be used for the purpose the donor designates and the principal can never be utilized.

Restricted Endowed Funds - only the interest or earnings from the investments of these funds can be used for the purpose the donor designates and the principal can never be utilized.

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