We give some elementary properties of generalized derivations defined by Bre\v{s}ar [B] and determine functorial relations between $g\text{Der}_k(S, M)$, the set of generalized derivations and $\text{Der}_k(S, M)$, the set of derivations from a $k$-algebra $S$ to an $S/k$-bimodule $M$. Using this result, we give the universal mapping property of generalized derivations.