Examlex
The framers' most significant modification of the traditional doctrine of the separation of powers was to
Externally Restricted Fund
Funds designated for a specific purpose by an external party or donor, limiting the fund's use by the receiving organization.
NFP Organization
A not-for-profit organization (NFP) is a type of organization that does not earn profits for its owners. All the money earned by or donated to an NFP is used in pursuing the organization's objectives and keeping it operational.
Endowment Fund
A fund where the principal amount is kept intact while the investment income is used for specific purposes, often found in non-profits and educational institutions.
Principal Amount
The initial size of a loan or bond or the amount deposited, excluding any interest or earnings.
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