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These funds are undesignated support to be administered by the university administration at its own discretion. A gift of unrestricted funds provides NU with the most crucial and flexible of funds, which will be put immediately to use to meet every-day academic and developmental needs of the institution. The University may use these unrestricted funds to initiate new programs, fund student projects and other such activities, support purchases of equipment, laboratory facilities or furnishings, or to meet any other urgent financial need the University might face at any point in time - all in support of the University's mission.