Restricted Gifts

Booster Club Investment Policy: Safeguards for Reserves, Restricted Gifts, and Recognition Funds

Booster Club Investment Policy: Safeguards for Reserves, Restricted Gifts, and Recognition Funds

A booster club investment policy is the written framework that governs how your organization holds, invests, and spends its financial assets — and, critically, which categories of funds carry restrictions that constrain how earnings can flow. For most booster clubs, the policy applies to three distinct fund types: general reserves that must stay accessible for operations, restricted gifts that a sponsor or donor designated for a specific purpose, and recognition funds set aside to support awards, digital hall of fame programs, trophy cases, and other multi-season athletic recognition commitments.

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