Restricted Funds

These funds are established to administer programs funded by restricted sources. Restricted funds carry donor-imposed restrictions. As such, expenditures are limited to the initiative specified by the donor. These funds are generally supported by expendable contributions.

Restricted funds (discretionary, restricted gifts, etc.) are not budgeted by specific line item. Rather, these funds are monitored based on the underlying restriction/designation and are not permitted to run in a deficit position.

Key Criteria for Establishing a Restricted Fund

To establish a restricted fund, we require a letter from the donor(s) or other fundraising documents that state the intent of the donation is to be a restricted fund. The letter should list the restriction/purpose of the fund. In addition, the university requires a minimum donation of $5,000 to establish a new fund. If that donation is spread over multiple payments, a fully executed restricted pledge of $5,000 is required for the account to be considered a restricted fund.

In this Section

Contact Information

Rocio Rivera
Restricted and General Funds Accountant
Phone (619) 260-2400 x4416