Assets or income that are restricted in use. Examples are government and private grants and contracts, pledges, gifts, and endowments containing stipulations made by a donor as to allowable use.
Donations or other monetary designations that are given with an attached stipulation that the funds be used for a specific purpose or cause. Also, the parameters and amount to which funds resulting from endowment income are allowed to be used, as stipulated by the endowment's charter.
Funds whose use is specified or restricted by grant, contract, gift instrument, policy, or regulation.