Donated resources that benefit individuals or private organizations are reported in a private-purpose trust fund.

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Private-purpose trust funds account for trust agreements where principal and/or income benefit individuals, private organizations or other governments. The benefit is limited to specific private, rather than general public, purposes. In some cases, these trusts are created when individuals or organizations contribute resources with the agreement that principal and/or income will be used to benefit others.

Donated Resources That Benefit Individuals or Private Organizations Are Reported