A revolving fund is a fund or account with income that is still available to finance your ongoing operations without any limitation for fiscal year.
Within the federal and state governments of the United States, the law establishes revolving funds.
Revolving funds are useful sources of funding for historic preservation projects. A nonprofit conservation organization can establish a fund to receive donations and other capital that is used by the organization to purchase an endangered property that is then resold with easements. Some organizations also make loans for building renovation. The Revolving Provision Fund is one of the largest local revolving funds in the country.