For example, the following information shall be provided: - a
Property, plant, and equipment pledged as collateral or otherwise subject to lien
- b
Donor or legal limitations on the use of or proceeds from the disposal of plant, property, and equipment
- c
Property, plant, and equipment acquired with restricted assets if title may revert to another party, such as a resource provider
- d
The terms of exchange transactions (other than lease transactions), such as federal contracts, in which the resource provider retains legal title during the term of the arrangement but it is probable that the NFP will be permitted to keep the assets when the arrangement terminates.
(P) December 16, 2026; (N) December 16, 2026
105-10-65-10For example, the following information shall be provided: - a
Property, plant, and equipment pledged as collateral or otherwise subject to lien
- b
Donor or legal limitations on the use of or proceeds from the disposal of plant, property, and equipment
- c
Property, plant, and equipment acquired with restricted assets if title may revert to another party, such as a resource provider
- d
An NFP that does not recognize and capitalize its collections or that capitalizes collections prospectively shall describe its collections, including their relative significance, and its stewardship policies for collections. If collection items not capitalized are deaccessed during the period, it also shall describe the items given away, damaged, destroyed, lost, or otherwise deaccessed during the period or disclose their fair value.
A collection-holding NFP shall disclose its organizational policy for the use of proceeds from deaccessioned collection items, including whether those proceeds could be used for acquisitions of new collection items, the direct care of existing collections, or both. If the collection-holding entity allows proceeds from deaccessioned collection items to be used for direct care, the entity shall disclose its definition of direct care.