Mandate

In brief, the IBG decides how to allocate funds to strategic projects. Here is the IBG's mandate.

XR is funded entirely by funds raised by Fundraising through a fundraiser website or by XR's Regular Giving through standing orders, where donations may be used for any reasonable XR UK purpose. Separate from that, a donor may make a 1 off donation that is unrestricted, or for a specific part or process within XR, when it becomes restricted. XR has to spend restricted funds as specified by the donor but if the specified purpose is already being funded by unrestricted funds, then the IBG with approval from Finance can simply increase the amount available from unrestricted funds. E.g. if a donor gives 10,000 to be only used for VLE then because IBG already funds VLE, that releases 10,000 to be spent as unrestricted.