Which of the following terms is used to indicate that a donor provided a gift with explicit instructions that the gift is to be used for a specific purpose by the not-for-profit but the entire amount may be spent right away?

Question

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Temporarily restricted net assets refer to donations for a specific purpose that can be spent immediately but require documentation of how the funds were used. Permanently restricted net assets are gifts that cannot be spent but must be invested, and board-designated net assets are funds that the board sets aside for specific future use. Endowment assets are gifts that the organization must maintain and invest, with only the earnings available for spending.

Which of the Following Terms Is Used to Indicate That