Charitable Deductions Sample Clauses

Charitable Deductions. The Donor and the Foundation intend that federal income, gift, and estate tax charitable deductions shall be allowed to all individual donors to this Fund and to their respective estates and that the Foundation shall continue to qualify as an organization described in Sections 170(b)(1)(A) (vi), 170(c), 2055(a), and 2522(a) of the Internal Revenue code of 1986. This Agreement shall be construed and applied so as to comply with the requirements of federal tax law for allowance of such charitable deductions and for such qualifications.
Sample 1Sample 2Sample 3See All (7)
AutoNDA by SimpleDocs
Charitable Deductions. The City agrees to deduct from employees giving written authorization any monies for the City-sponsored Charitable Deduction Programs and remit such withholdings to the proper authorities.
Sample 1Sample 2Sample 3See All (7)
Charitable Deductions. The Board agrees to deduct charitable contributions from employees' salaries only for charity fund drives approved by the Association and the Board when the employee has duly authorized such deductions and has voluntarily determined the amount of such a contribution. No school or individual quotas will be established.
Sample 1Sample 2Sample 3See All (5)
Charitable Deductions. It is intended that the Community Foundation qualify as a public charity described in Section 501(c)(3) of the Internal Revenue Code, contributions to which are deductible for income, gift, and estate tax purposes. This Agreement shall be construed and applied so as to comply with the requirements of federal tax law for allowance of such charitable deductions and for such qualifications.
Sample 1Sample 2Sample 3
Charitable Deductions. The Board agrees to administer payroll deductions for any employee who wishes to contribute to an employee who has exhausted all of his/her accumulated sick leave. Deductions may also be forwarded to the East Xxxxxx Employee Foundation to help with the Sick Leave Assistance Program.
Sample 1Sample 2
Charitable Deductions. It is intended by Founders and by TSDF that federal gift, income and estate tax charitable deductions shall be allowed to Founders and to Founders’ estate and that TSDF shall continue to qualify as an organization described in Sections 170(b)(1)(A)(vi), 170(c), 2055(a), and 2522(a) of the Internal Revenue Code of 1986. This entire Agreement shall be construed and applied so as to comply with the requirements of federal tax law for allowance of such charitable deductions and for such qualifications. IN WITNESS WHEREOF, we execute this agreement on . Founders: Xxx Xxxxx Xxxxxxxx Xxxxx Xxxxx Xxxxxx Xxxxx Xxxxxxxx Approved by the Board of Governors of The San Diego Foundation on . By: Xxxxxx Xxxxxxxxxxx Chair, Board of Governors Non-Endowment Investment Recommendations The City of Del Mar Wayside Horn Fund Fund Balance of $49,999.99 or less: All funds with a balance of $ 49,999.00 or less will be assigned to Pool A (short term fixed income). Fund Balance of $50,000.00 or more: All funds with a balance of $ 50,000.00 or more may select from Pools A, B or C. As advisor/founder to this fund I recommend the funds be invested in the following pool: Pool A – Short Term Fixed Income Pool B – 30% Equity Pool C – 60% Equity - ( a 90-day advance notice for grants of $10,000.00 or more) Each of the investment pools above includes a money market component to allow for the liquidity needs of those funds participating in the pool. Grants may be made from the funds throughout the life of the fund regardless of which investment pool is recommended. For purposes of making founder-recommended grant distributions, The Foundation requires advance notification of 7 – 14 days. I understand that assets in Investment Pools A, B & C will experience both capital gains and capital losses according to market conditions. Founders: Xxx Xxxxx Date Xxxxxxxx Xxxxx Date Xxxxx Xxxxxx Date
Sample 1
Charitable Deductions. TSDF has provided no advice or assurance to Founder as to the tax treatment of the amounts deposited in the Fund. Founder has been advised and given the opportunity to seek independent advice as to such tax treatment.
Sample 1
AutoNDA by SimpleDocs
Charitable Deductions. TSDF has provided no advice or assurance to Project Proponent as to the tax treatment of the amounts deposited in the Fund by Project Proponent. Project Proponent has been advised and given the opportunity to seek independent advice as to such tax treatment.
Sample 1

Related to Charitable Deductions

  • Charitable Contributions Make any charitable or similar contributions, except in amounts not to exceed five thousand dollars ($5,000) individually, and twenty thousand dollars ($20,000) in the aggregate.

  • Charitable Donations Employee donations to charity funds shall be on a strictly voluntary basis.

  • Employee Deductions A. Upon receipt of a written authorization voluntarily executed by an employee, the County will deduct monthly Association dues, if any, from the salary of an employee who so requests, and transmit said monies to the Association. The parties shall agree upon the form of the written authorization.

  • Dues Deductions 70. Dues deductions, once initiated, shall continue until the authorization is revoked in writing by the employee. For the administrative convenience of the City and the Union, an employee may only revoke a dues authorization by delivering the notice of revocation to the Controller during the two-week period prior to the expiration of this Agreement. The revocation notice shall be delivered to the Controller either in person at the Controller's office or by depositing it in the U.S. Mail addressed to the Payroll/Personnel Services Division, Office of the Controller, Xxx Xxxxx Xxx Xxxx Xxxxxx, 8th Floor, San Francisco, CA 94103; Attention: Dues Deduction. The City shall deliver a copy of the notices of revocation of dues deductions authorizations to the Union within two (2) weeks of receipt.

  • Union Dues Deductions It shall be a condition of employment for all Nurses in the Bargaining Unit, that dues be deducted from their bi-weekly salary in the amount determined by the Union. The deductions for newly employed Nurses shall be in the first pay period of employment. The dues shall be submitted monthly to the Union together with a list of the Nurses from whom the deductions were made.

  • Union Deductions All employees who are covered by the certification with the Union shall, as a condition of continuing employment, authorize a deduction from their pay cheques of the amount of the dues, levies and assessments payable to the Union by a member of the Union. The Employer shall provide a copy of the authorization form, which has been forwarded by the Union, to each new employee. Upon receipt of written notice from the Union, the Employer shall terminate the services of any employee who does not authorize the deduction as above. The Employer agrees to deduct the amount of the Union dues, levies and assessments payable to the Union by an employee in the Union’s bargaining unit. The Union shall inform the Employer in writing of the amount to be deducted from each employee. The Union shall advise the Employer in writing sixty (60) calendar days in advance of any change in the amount to be deducted. The Employer shall remit such dues, levies and assessments to the Union within twenty-eight (28) calendar days from the date of deduction, together with a written statement containing the names of the employees for whom the deductions were made and the amount of each deduction. The Employer shall supply each employee, without charge, a receipt for income tax purposes shown on the T4 slip in the amount of the deductions paid to the Union by the employee in the previous year. Such receipts shall be provided to the employee prior to March 1 of the succeeding year. Deductions for levies and assessments shall be a percentage of wages.

  • Salary Deductions Salaried employees (E-level classifications) who are permanently assigned to full-time job classifications are paid on a bi-weekly salary basis. Salaried employees are paid a bi-weekly salary based on a minimum of two (2) forty (40) hour workweeks. The bi-weekly salary received by salaried employees will not be reduced regardless of the number of hours the salaried employee actually works in any week in which the salaried employee performs any work except for the following deductions:

  • Member Nonrecourse Deductions Any Member Nonrecourse Deductions for any Fiscal Year shall be specially allocated to the Member who bears the economic risk of loss with respect to the Member Nonrecourse Debt to which such Member Nonrecourse Deductions are attributable in accordance with Treasury Regulations Sections 1.704-2(i)(1) and 1.704-2(j)(1).

  • PROFESSIONAL DUES AND PAYROLL DEDUCTIONS 12.01 Any unit member who is a member of the SJTA/CTA/NEA, or who has applied for membership, may sign and deliver to the District an assignment authorizing deduction of unified membership dues, initiation fees and general assessments in the Association. Such authorization shall continue in effect from year-to-year unless revoked in writing. Pursuant to such authorization, the District shall deduct one-tenth (1/10) of such dues from the regular salary check of the unit member each month for ten (10) months. Deductions for unit members who sign such authorization after the commencement of the school year shall be appropriately.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!