1. Home
  2. Foundation Projects
  3. How is a Building to Endowment (BTE) fund different than a restricted fund?
  1. Home
  2. *All Help Topics
  3. How is a Building to Endowment (BTE) fund different than a restricted fund?

How is a Building to Endowment (BTE) fund different than a restricted fund?

A BTE fund is a type of restricted fund. The main difference between a BTE fund and a regular restricted fund is that spending is not permitted from a BTE fund. After a BTE fund has completed building to the university endowment minimum or the minimum set by the donor, the endowment follows the approved spending policy.

In contrast, a regular restricted fund can be spent at any time in accordance with the donor specified purpose.

For a comparison of fund types, see this chart.

Updated on August 26, 2020

Was this article helpful?

Cant't find what you are looking for?
Sends us a message
Contact the KB Team