What is unrestricted funding? Two philanthropy experts explain

By Genevieve Shaker, Associate Professor of Philanthropic Studies, Lilly Family School of Philanthropy, IUPUI
Pamala Wiepking, Visiting Stead Family Chair in International Philanthropy, Lilly Family School of Philanthropy; Professor of Societal Significance of Charity Lotteries, Center for Philanthropic Studies, Vrije Universiteit Amsterdam, IUPUI

Unrestricted funds are grants or donations nonprofits get to spend any way they believe is appropriate to further their mission.

Unrestricted funding can also come with some limitations. Donors might, for example, designate the money for operating…

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