Non-Profit
Board-Designated Reserve Fund
Internally restricting unrestricted cash for a future capital project.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Net Assets Without Restrictions (Undesignated) | Equity (-) | 50,000.00 | - |
| Net Assets Without Restrictions (Board Designated) | Equity (+) | - | 50,000.00 |
💡 Accountant's Note
Even if there is no donor restriction, the Board can 'designate' funds for a specific use (like a rainy-day fund). This is still technically 'Unrestricted' but labeled differently for clarity.
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