Comment on the following statement: “When a not-for-profit facility receives a contribution from a member of the community, the cost of the capital is inconsequential when deciding how to use the contribution, because it is, in effect, free money.” Discus

Comment on the following statement: “When a not-for-profit facility receives a contribution from a member of the community, the cost of the capital is inconsequential when deciding how to use the contribution, because it is, in effect, free money.” Discuss the issue in the context of time value of money.