Summary Policy

Date
September 3, 2003 (Revised November 23, 2005)

Reference Number
CSP - R22

Key Words
Restricted Fund

Policy Statement

Restricted funds are funds tied to a specific use and not available for the general purposes of a registered charity. Donors create them when they stipulate that the charity must maintain the principal amount and only use the interest earned on it (e.g., endowment to establish a scholarship fund).

References

• Bequest, CSP-B04.
• Capital Fund, CSP-C15.
• Disbursement Quota, CSP-D14.
• Enduring Property, CSP-E10.
• Investments, CSP-I15.
• Ten-year Gift, CSP-T06.
• Completing the Registered Charity Information Return, T4033A.