Level 1

Nonprofit Recording of an Endowment

Our Nonprofit recently received an Endowment that will provide us with $150-200K annually in proceeds. I am on QBDT 2020 Premier Nonprofit Edition. What accounts do I need to set up to track this endowment? The funds are restricted. We will be investing 10% annually into an existing investment account. I'm thinking I need an Asset account, an Other Income account to record disbursements and an Other Expense account to track the money we invest. Does this sound correct?