The donations that can be used only for the limited purpose is called ______________
Specific Donation
General Donation
Special Donation
None of these
Specific donation are the donations that can be used only for a specific purpose for which it is donated
Donation received for a special purpose :
Identify the correct term for the following definition: It is any asset donated to and for the perpetual benefit of a non-profit institution. The donation is usually made with the requirement that the principal remain intact and money earned from investing the principal be used for a specific purpose.