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Business, 10.04.2020 20:24 ari10184

Which of the following terms is used to indicate that a donor provided a gift with 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. Endowment assets.
c. Net assets without donor restrictions.
d. Net assets with donor restrictions.

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