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Generally, funds donated for a specific purpose should be used only for that purpose, as donors typically expect their contributions to be used as intended. Misusing donations can lead to legal and ethical issues, including loss of donor trust and potential legal repercussions. However, in some cases, organizations may seek permission from donors to reallocate funds if the original purpose is no longer viable. It's essential for organizations to communicate transparently with donors regarding any changes in fund usage.
What else can I help you with?
What the purpose of issuing share?
Shares are issued so that the funds generated can be used by the company as capital. The funds are normally invested in more machinery or in expansion opportunities.
What is the expansion of NEFT?
NEFT stands for National Electronic Funds Transfer. It is an electronic funds transfer facility available for banking customers in India which can be used to move funds from one account to another. It is used for normal amount transactions (not in lacs) and the money is usually received the next business day by the target party.
What message types are used for funds transfer?
SWIFT messages are used for funds transfer.
What does NEFT stands for in online banking?
NEFT stands for National Electronic Funds Transfer. It is an electronic funds transfer facility available for banking customers in India which can be used to move funds from one account to another. It is used for normal amount transactions (not in lacs) and the money is usually received the next business day by the target party.
What is the purpose of the MMID and how is it used in the banking industry?
The purpose of the MMID (Mobile Money Identifier) is to uniquely identify a customer's mobile money account. In the banking industry, MMID is used for transferring funds between bank accounts and mobile money accounts, making transactions more convenient and secure.
What is purpose statute?
a. Public funds may be used only for the purpose or purposes for which they were appropriated
What is the purpose of portfolio management?
The purpose of portfolio management is to ensure that funds are being used in a responsible manner. This ensures that the investments are safeguarded and used appropriately.
Are the funds from Minority grants being used for Native American Scholarships?
yes it is used for the purpose. the minority grants and funds have this provision in their claws. they do offer scholarships to native americans.
What the purpose of issuing share?
Shares are issued so that the funds generated can be used by the company as capital. The funds are normally invested in more machinery or in expansion opportunities.
These funds cannot be used for any purpose and are returned to the US Treasury?
Closed
What are the three main elements of Fiscal Law?
The three main elements of Fiscal Law are budget authority, time frame, and purpose. Budget authority refers to the legal authority to spend government funds. Time frame pertains to the period in which funds can be obligated and used. Purpose involves the specific reasons or activities for which funds can be expended.
What is using another womans eggs to get pregnant called?
It is the receiving of donated eggs. You get donated eggs because of infertility. *The name of the procedure is IVF, though as above, using someone elses eggs is simply receiving donated eggs. IVF can be used with a woman's own eggs as well.
Is it illegal to sell donated food?
It will depend on the purpose of the sale and the type of food. There are health code that has to be met. And in most cases, if it is legally allowable to sell the food for health reasons, as long as the money is being used for the charity it was donated to, it is normally not a problem. Otherwise it could be fraud.
What is a special account?
A special account refers to a dedicated account that is designated for a specific purpose. It is typically used to separate funds for a specific project or activity, and is often subject to special rules or restrictions on how the funds can be used. Special accounts are commonly used in government, finance, and businesses to ensure proper allocation and tracking of funds.
What are synonyms of used?
Secondhand.What is another word for used???
What term is used when federal funds are allocated to certain states or districts in forms of projects grants or contracts?
The term that is used when federal funds are allocated to certain states or districts in forms of projects, grants, or contracts is a reward of Federal Funds. Over the years there has been misusage when it came to Federal Funds in different states.
Can the heart be donated if the body is dead?
Yes, body parts are often used in transplants when donated with permission by the cadaver or relatives.
