Restricted, Designated and Emergency Funds: Proper Accounting for Disaster-Focused Donations
When Every Dollar Has a Label In the wake of Hurricane Melissa, money is arriving in many forms: A diaspora group sends US$50,000 “only for rebuilding homes in Portland”. A corporate sponsor pledges J$10 million “for emergency relief now, and to support future resilience projects”. An international agency approves a grant “for school reconstruction...


