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This document provides a financial summary of the unrestricted current funds available and applied at Tennessee State University for the fiscal years 2011-12 and 2012-13, including budget allocations,
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How to fill out SUMMARY OF UNRESTRICTED CURRENT FUNDS AVAILABLE AND APPLIED

01
Gather all financial data related to unrestricted current funds.
02
List the total amount of unrestricted current funds available at the beginning of the period.
03
Add any additional unrestricted funds received during the period.
04
Deduct any expenditures or disbursements made during the period from the total available funds.
05
Verify the ending balance of unrestricted current funds to ensure accuracy.
06
Format the document according to any specific guidelines provided by your organization or governing body.

Who needs SUMMARY OF UNRESTRICTED CURRENT FUNDS AVAILABLE AND APPLIED?

01
Non-profit organizations managing funds for specific programs.
02
Financial officers and accountants responsible for tracking current funds.
03
Grant managers who need to report on fund usage.
04
Regulatory authorities that require transparency in fund management.
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People Also Ask about

Restricted funds require strict compliance and documentation to meet donor specifications, while unrestricted funds provide the flexibility for nonprofits to address immediate needs, innovate, and build financial resilience.
Other forms: unrestrictedly. When something is unrestricted, it means there are no restrictions placed on it. A restriction is a rule about a way that something can be used.
Restricted grants are donations given with specific conditions on how they can be used. Unlike unrestricted funds, which can be spent on general operations, restricted grants come with strings attached — and nonprofits must follow the rules or risk violating donor agreements.
Unrestricted funds are donations that the group may use for any purpose so long as it meets the aims and objectives of the group outlined in their governing document. Many groups tend to use unrestricted funds to go towards operating costs for the organisation or costs that are difficult to fund.
At its core, the distinction between restricted vs unrestricted funds lies in how the funds can be used. Restricted grants come with specific conditions, while unrestricted grants offer more flexibility.
Unrestricted – the donation is made with the understanding that the funds can be used for any purpose that the organisation sees fit. Restricted – the donation is made with the understanding that the funds will be used for a specific, stated purpose.
Restricted grants come with specific conditions or restrictions set by the grantor. These restrictions can pertain to the use of funds for particular programs, activities, or within certain time frames. Properly managing these grants is essential to maintaining donor trust and fulfilling grant requirements.

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The SUMMARY OF UNRESTRICTED CURRENT FUNDS AVAILABLE AND APPLIED is a financial report that outlines the total available funds that can be utilized without restrictions for various purposes, along with a detailed breakdown of how those funds are allocated or applied in a given period.
Organizations and entities that manage unrestricted funds, such as non-profits, governmental agencies, and educational institutions, are typically required to file the SUMMARY OF UNRESTRICTED CURRENT FUNDS AVAILABLE AND APPLIED to maintain transparency and accountability.
To fill out the SUMMARY, begin by listing the total unrestricted funds available at the start of the reporting period. Then, document all sources of income and inflows, followed by all expenditures and outflows. Finally, summarize the remaining available funds at the end of the period.
The purpose of the SUMMARY is to provide stakeholders with a clear and concise overview of the unrestricted funds' availability and their applications. This helps to enhance financial transparency and supports informed decision-making regarding fund management.
The report must include total available unrestricted funds, sources of income, expenditures, net changes in funds, and ending balance of unrestricted current funds. It should also provide breakdowns of major categories of income and expenses.
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Relevant keywords

Tennessee State University financial summary budget unrestricted current funds revenues expenditures education general expenditures auxiliary enterprises fund balances

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