In accordance with the Society’s gift acceptance policy, ASPB welcomes donations in distinct categories; in particular, to unrestricted funds, temporarily restricted funds, permanently restricted funds, and via estate giving. Unrestricted donations to ASPB (e.g., the ASPB General Fund) will be used where the need is greatest. These funds, which include Board-designated funds, are free of donor stipulations. The Board can designate and undesignated funds for a specific purpose; nevertheless, the anticipated emphasis is to support professional development, including such things as travel grants, fellowships, and internships; as well as to cover costs associated with fundraising. Temporarily restricted funds (i.e., the Education Initiative) are subject to donor-imposed stipulations that can be satisfied with the passage of time or when the fund is spent for the purpose intended by the donor. They will be used to provide immediate support for the designated activities. Permanently restricted funds (e.g., each of the awards funds) are subject to donor-imposed stipulations, which mandates funds be held in perpetuity. In accordance with Article IX of the ASPB constitution, earnings generated from investing these donations will be used exclusively for the activities specified by the donor via their donation into a given board-approved fund. In accordance with the gift acceptance policy, for all restricted donations ASPB will apply 85% of your donation to the designated cause and withhold 15% as a service charge for the ongoing administration of your gift.