Question: A donor gave $ 1 , 2 0 0 , 0 0 0 to a private not - for - profit organization to be held

A donor gave $1,200,000 to a private not-for-profit organization to be held in endowment. In addition, the governing board permanently designated $500,000 to the endowment. In the Statement of Financial Position, how should these amounts be classified?
With Donor Restrictions: $-0- ; Without Donor Restrictions: $1,900,000.
With Donor Restrictions: $700,000; Without Donor Restrictions: $500,000.
With Donor Restrictions: $1,200,000; Without Donor Restrictions: $500,000.
With Donor Restrictions: $1,900,000; Without Donor Restrictions: $-0-.
A donor gave $ 1 , 2 0 0 , 0 0 0 to a private not

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