Grant guide

Restricted reserves: why some charity funds are not free reserves

Restricted reserves are not the same as freely available money. For grant readiness, teams need to know which funds can be used for match, cash flow or project risk.

Best for

Teams deciding where to spend application time

Charity leaders, trustees and fundraisers preparing board packs, budgets and grant applications.

Use this page to

Make the first review more concrete

Understand restricted reserves and why they matter for grant applications.

Review workflow

What FundingLens helps you do

Keep source facts, caveats and next actions together so your team can decide what deserves attention before application work starts.

01

Separate free reserves, restricted funds and designated funds before relying on reserves for match funding or delivery risk.

02

Use board reports to explain how restricted income, reserves policy, cash flow and grant conditions affect application decisions.

03

Flag finance review when a project depends on reserves, restricted grants, delayed payments or reimbursement funding.

Readiness checks

  • Free reserves and restricted funds separated.
  • Match funding source checked for restrictions.
  • Cash-flow risk and reimbursement timing reviewed.
  • Board approval and finance sign-off recorded.
  • Grant conditions linked to reporting obligations.

Eligibility caveats

  • This page is not accounting advice.
  • Trustees, finance staff and accountants decide how funds are reported.
  • A healthy headline reserves figure may still hide restricted money that cannot fund a new project.

Source references

Related FundingLens pages