Donated Funds: Management Of Restricted Financial Assets (RFA)
Document Purpose
The Chief Executive of the Network is bound by the Trustee Act to act as Trustees for the numerous trusts funds into which donations are deposited. • The Trustee has a responsibility to ensure that the donors’ funds are spent in accordance with donors' wishes and the Trustee Act. • To ensure that the fund controllers have a clear idea of their responsibilities, the following policy has been developed.