Endowment investment gains and losses on specific donated assets that must be held in perpetuity are reported as changes to PR net assets.

Question

Quizplus · Accepted Answer

Endowment investment gains and losses on specific donated assets that must be held in perpetuity are indeed reported as changes to permanently restricted (PR) net assets, reflecting the requirement to maintain the principal amount indefinitely while possibly using the investment income for purposes specified by the donor.

Endowment Investment Gains and Losses on Specific Donated Assets That