Heather's Hope, a nongovernmental NFP that raises money for children experiencing long-term hospitalization, had the following transactions during the year just ended: A donor irrevocably gave $100,000 cash to be held in trust by Heather's Hope and invested. The donor was to receive all revenue generated by the investments during her lifetime. Upon her death, the entire bequest may be spent at the discretion of the NFP's governing board. The investments earned $6,500 of interest during the year, and this amount was paid to the donor. Heather's Hope was given a delivery van with an estimated remaining useful life of 3 years and a salvage value of $2,000. On the date of the gift, the donor's basis in the van was $26,000 and the fair value was $20,000. The van will be used one-third of the time for administrative tasks and the rest of the time for mission-related tasks. During the year, $52,000 of net assets was released from restrictions. The charity received cash of $850,000 in response to a general solicitation to the public. In addition, Charity Champ, a national coordinating group for NFPs, gave Heather's Hope $10,000 to be used for local need surveys over a 5-year period beginning next year. Heather's Hope spent $1,000,000 providing services to hospitalized children, $88,000 on fundraising, and $44,000 on administrative costs.