Nonprofit Investment Management Blog

Darryl Gecelter

Darryl Gecelter is the Chief Revenue Officer and Co-Founder of Crowded as well as a non-profit expert in the US Higher Education sector with 10+ years of experience. He previously led sales at Graduway, a US Alumni Community platform acquired by Gravyty in 2021. Darryl has vast experience in working with non-profit organizations, with a specific focus on compliance, donor relations, alumni engagement, and multi chapter banking.

Managing Restricted Funds and Endowments: The Do’s and Don’ts

Posted by Darryl Gecelter on Jan 28, 2026 10:26:09 AM

For nonprofit leaders, CFOs, and finance committees, balancing liquidity with donor intent can be a constant challenge. Restricted funds and endowments often represent some of an organization’s most important and most sensitive assets.

Responsibly managing restricted funds and endowments secures donor trust and helps you avoid regulatory scrutiny. Errors in tracking, commingling, or investing these dollars inappropriately, on the other hand, can trigger compliance issues under ASC 958 or the Uniform Prudent Management of Institutional Funds Act (UPMIFA), as well as reputational damage that can take years to repair.

Proper stewardship requires clear policies, rigorous tracking, and financial infrastructure designed for restricted fund management. Below, you’ll find some of the essential dos and don’ts of managing restricted funds and endowments effectively.

Topics: Nonprofit, Nonprofit Investment Strategy

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