Which of the following is not a donor restricted asset?

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BlackTom AI · Accepted Answer

The question asks which option is not a donor restricted asset, meaning which does not carry a restriction imposed by a donor.
Option 1: 'A donation for $5,000 specifically for research' — This is clearly donor-restricted because the donor specified that the funds be used for research; it is restricted by the donor’s intent.
Option 2: 'A donation that management has restricted for research' — This is not donor-restricted; it is a board-designated or management-restricted amount. The restriction comes from the organization’s leadership, not from the donor, so it would be considered unrestricted in terms of donor constraints (though it may be restricted internally).
Option 3: 'A donation the donor has restricted for research' — This is a classic donor-restricted asset, since the donor imposed the restriction to use funds for research.
Option 4: 'A donation of $5,000 that cannot be used until next year' — This includes a time restriction imposed by the donor, making it donor-restricted as well because the restriction is tied to the donor’s condition of when the funds can be used.
In summary, the only option that does not reflect a donor-imposed restriction is option 2, where management restricts funds internally rather than the donor imposing the constraint.

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Which of the following is not a donor restricted asset?

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