The accumulated fund, or capital fund, is a reserve held by non-profit organizations like clubs or societies, reflecting a surplus of income over expenditure, or a deficit when expenditures exceed income. Its value can be determined by valuing the net assets of the organization.
A capital fund is a financing source specifically allocated for long-term initiatives, large projects, or investments, often used by non-profit organizations, governments, or businesses to support development and growth initiatives.
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