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Restricted Church/Project Fund: The purpose of restricted general church/ministry funds (accounts) and restricted project funds (accounts) tends to be more general and fund distribution tends to be determined by church leadership. The purpose of project funds can vary but they tend to be more specific with a focused purpose in mind. These are restricted, revenue funds (accounts). Monies may come in through donations or internal transfers, and monies can go out through grants, AP requests, reimbursements, and internal transfers. Any partner within any program team may create a restricted church/project fund.
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