Giver-Imposed Restriction

A giver-imposed restriction is a giver’s stipulation that specifies a use for the contributed asset that is more specific than the broad limits resulting from the following: (a) the nature of the ministry, (b) the environment in which it operates, and (c) the purposes specified in its articles of incorporation or bylaws, or comparable documents for an unincorporated association. A restriction on a ministry’s use of the contributed asset may be temporary or permanent.


This text is provided with the understanding that ECFA is not rendering legal, accounting, or other professional advice or service. Professional advice on specific issues should be sought from an accountant, lawyer, or other professional.

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