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Board-Designated vs. Donor-Restricted Endowments: What Nonprofits Need to Know

mission Matters

Board-Designated vs. Donor-Restricted Endowments: What Nonprofits Need to Know

Not sure how your nonprofit’s endowment funds can be used, or who gets to decide? This guide explains the rules, responsibilities, and smart strategies.

By Andrea Hess, CPA, MSA October 26, 2026