Restricted Projects

Restricted projects have spending available for immediate use based on the terms agreed to and approved by the donor or governing agency and the University.

Similar to endowments, the university has a fiduciary responsibility to ensure funds are spent in accordance with donor agreements or terms of reference. Therefore, unless specified in an agreement, funds are to be spent within the restricted project and cannot be transferred to another project or fund.

New restricted projects can be established after review in Financial Services of the completed: