What are restricted and unrestricted giving?
Restricted gifts can be spent only for a specific purpose designated by the donor, such as financial aid or a particular academic program. Unrestricted gifts can be spent where Southfield believes the need is greatest. Some consider unrestricted giving as the highest form of philanthropy. It helps the School most because it gives the Board of Trustees the freedom to place the money where it will serve Southfield the best. However, this should not discourage any from giving where their passion lies – if you feel the thing that makes the Southfield experience special is with the arts or a particular community service project, then certainly follow your heart when giving to the School.
