Restricted Gifts

Fund Group
Restricted Gifts

Sub Fund Group

Some Restricted Gifts are contributions to ILR where the donor has imposed stipulations on how to expend the funds and ILR has a fiduciary responsibility to use gift funds as specified. Other Restricted Gift accounts include program income (revenue received from either an external or internal party that is directly generated by a sponsored activity or earned as a result of the sponsored award) and gifts with specific donor-imposed reporting requirements. The balances in these accounts remain in the accounts at Cornell fiscal year-end (June 30th). The categories of income which are normally planned in the Other Restricted category include gifts, program income, and investment income.