NOT A SEPARATE TRUST. The Fund shall be a component part of the Community Foundation. All money and property in the Fund shall be held as general assets of the Community Foundation and not segregated as trust property of a separate trust.
Appears in 34 contracts
NOT A SEPARATE TRUST. The Fund shall be a component part of the Community Foundation. All money and property in the Fund shall be held as general assets of the Community Foundation and not segregated as trust property of a separate trust; provided that the Fund shall be allocated its pro rata share of the net earnings of the Community Foundation’s long-term pool, such percentage interest being subject to adjustment at the time of each addition to, or reduction of, assets in the long-term pool.
Appears in 5 contracts
Samples: Organization Endowment Fund Agreement, Agreement, Agreement
NOT A SEPARATE TRUST. The Fund shall be a component part of the Community Foundation. All money and property in the Fund shall be held as general assets of the Community Foundation and not segregated as trust property of a separate trust.
Appears in 3 contracts
Samples: Cororate Investor Agreement, Legacy Fund Agreement, Unrestricted Endowment Fund Agreement
NOT A SEPARATE TRUST. The Fund shall be a component part of the Community Foundation. All money and property in the Fund shall be held as general assets of the Community Foundation and not segregated as trust property of a separate trust; provided that the Fund shall be allocated its pro rata share of the net earnings of the Community Foundation’psool in which the Fund is invested, such percentage interest being subject to adjustment at the time of each addition to, or reduction of, assets in the pool in which the Fund is invested.
Appears in 1 contract
Samples: www.cicf.org
