Common use of Continuation of Fund Clause in Contracts

Continuation of Fund. I/we recommend that the Fund continue as established to provide support to the following qualified 501(c)(3) public charity: Charity Name: Option 2: Direct to Public Charity / I/we recommend that the assets be used to provide support for Option 3: Direct to a GSCF Fund / I/we recommend that the assets be transferred to a GSCF Fund serving the one of the following purposes (% should equal 100) % % % Animals Community Support Preservation, Conservation & Beautification Arts & Humanities Education Scholarship Basic Human Needs & Healthcare AACF Support Unrestricted Children & Youth Religion Other If, in the judgment of the GMCF Executive Board, the recommended continuation option is incapable of fulfillment or inconsistent with the charitable purposes, the Executive Board will endeavor to direct the Fund to support the charitable purpose(s) that most nearly reflect the recommended purpose for the continuation of the Fund. Such disposition will be made in accordance with GSCF procedures.

Appears in 1 contract

Samples: Fund Agreement

AutoNDA by SimpleDocs

Continuation of Fund. I/we recommend that the Fund continue as established to provide support to the following qualified 501(c)(3) public charity: Charity Name: Option 2: Direct to Public Charity / I/we recommend that the assets be used to provide support for Option 3: Direct to a GSCF VFCF Fund / I/we recommend that the assets be transferred to a GSCF VFCF Fund serving the one of the following purposes (% should equal 100) % % % Animals Community Support Preservation, Conservation & Beautification Arts & Humanities Education Scholarship Basic Human Needs & Healthcare AACF Support Unrestricted Children & Youth Religion Other If, in the judgment of the GMCF Executive Board, the recommended continuation option is incapable of fulfillment or inconsistent with the charitable purposes, the Executive Board will endeavor to direct the Fund to support the charitable purpose(s) that most nearly reflect the recommended purpose for the continuation of the Fund. Such disposition will be made in accordance with GSCF VFCF procedures.

Appears in 1 contract

Samples: Fund Agreement

Continuation of Fund. I/we recommend that the Fund continue as established to provide support to the following qualified 501(c)(3) public charity: Charity Name: Option 2: Direct to Public Charity / I/we recommend that the assets be used to provide support for Option 3: Direct to a GSCF MCF Fund / I/we recommend that the assets be transferred to a GSCF MCF Fund serving the one of the following purposes (% should equal 100) % % % Animals Community Support Preservation, Conservation & Beautification Arts & Humanities Education Scholarship Basic Human Needs & Healthcare AACF Support Unrestricted Children & Youth Religion Other If, in the judgment of the GMCF Executive Board, the recommended continuation option is incapable of fulfillment or inconsistent with the charitable purposes, the Executive Board will endeavor to direct the Fund to support the charitable purpose(s) that most nearly reflect the recommended purpose for the continuation of the Fund. Such disposition will be made in accordance with GSCF MCF procedures.

Appears in 1 contract

Samples: Community Foundation

Continuation of Fund. I/we recommend that the Fund continue as established to provide support to the following qualified 501(c)(3) public charity: Charity Name: Option 2: Direct to Public Charity / I/we recommend that the assets be used to provide support for Option 3: Direct to a GSCF GMCF Fund / I/we recommend that the assets be transferred to a GSCF GMCF Fund serving the one of the following purposes (% should equal 100) % % % Animals Community Support Preservation, Conservation & Beautification Arts & Humanities Education Scholarship Basic Human Needs & Healthcare AACF Support Unrestricted Children & Youth Religion Other If, in the judgment of the GMCF Executive Board, the recommended continuation option is incapable of fulfillment or inconsistent with the charitable purposes, the Executive Board will endeavor to direct the Fund to support the charitable purpose(s) that most nearly reflect the recommended purpose for the continuation of the Fund. Such disposition will be made in accordance with GSCF WCF procedures.

Appears in 1 contract

Samples: Fund Agreement

Continuation of Fund. I/we recommend that the Fund continue as established to provide support to the following qualified 501(c)(3) public charity: Charity Name: Option 2: Direct to Public Charity / I/we recommend that the assets be used to provide support for Option 3: Direct to a GSCF GGCF Fund / I/we recommend that the assets be transferred to a GSCF GGCF Fund serving the one of the following purposes (% should equal 100) % % % Animals Community Support Preservation, Conservation & Beautification Arts & Humanities Education Scholarship Basic Human Needs & Healthcare AACF Support Unrestricted Children & Youth Religion Other If, in the judgment of the GMCF Executive Board, the recommended continuation option is incapable of fulfillment or inconsistent with the charitable purposes, the Executive Board will endeavor to direct the Fund to support the charitable purpose(s) that most nearly reflect the recommended purpose for the continuation of the Fund. Such disposition will be made in accordance with GSCF GGCF procedures.

Appears in 1 contract

Samples: Fund Agreement

AutoNDA by SimpleDocs

Continuation of Fund. I/we recommend that the Fund continue as established to provide support to the following qualified 501(c)(3) public charity: Charity Name: Option 2: Direct to Public Charity / I/we recommend that the assets be used to provide support for Option 3: Direct to a GSCF AACF Fund / I/we recommend that the assets be transferred to a GSCF AACF Fund serving the one of the following purposes (% should equal 100) % % % Animals Community Support Preservation, Conservation & Beautification Arts & Humanities Education Scholarship Basic Human Needs & Healthcare AACF Support Unrestricted Children & Youth Religion Other If, in the judgment of the GMCF Executive Board, the recommended continuation option is incapable of fulfillment or inconsistent with the charitable purposes, the Executive Board will endeavor to direct the Fund to support the charitable purpose(s) that most nearly reflect the recommended purpose for the continuation of the Fund. Such disposition will be made in accordance with GSCF AACF procedures.

Appears in 1 contract

Samples: Fund Agreement

Continuation of Fund. I/we recommend that the Fund continue as established to provide support to the following qualified 501(c)(3) public charity: Charity Name: Option 2: Direct to Public Charity / I/we recommend that the assets be used to provide support for Option 3: Direct to a GSCF FCF Fund / I/we recommend that the assets be transferred to a GSCF FCF Fund serving the one of the following purposes (% should equal 100) % % % Animals Community Support Preservation, Conservation & Beautification Arts & Humanities Education Scholarship Basic Human Needs & Healthcare AACF Support Unrestricted Children & Youth Religion Other If, in the judgment of the GMCF Executive Board, the recommended continuation option is incapable of fulfillment or inconsistent with the charitable purposes, the Executive Board will endeavor to direct the Fund to support the charitable purpose(s) that most nearly reflect the recommended purpose for the continuation of the Fund. Such disposition will be made in accordance with GSCF FCF procedures.

Appears in 1 contract

Samples: Frankfort Community Foundation

Continuation of Fund. I/we recommend that the Fund continue as established to provide support to the following qualified 501(c)(3) public charity: Charity Name: Option 2: Direct to Public Charity / I/we recommend that the assets be used to provide support for Option 3: Direct to a GSCF WCF Fund / I/we recommend that the assets be transferred to a GSCF WCF Fund serving the one of the following purposes (% should equal 100) % % % Animals Community Support Preservation, Conservation & Beautification Arts & Humanities Education Scholarship Basic Human Needs & Healthcare AACF Support Unrestricted Children & Youth Religion Other If, in the judgment of the GMCF Executive Board, the recommended continuation option is incapable of fulfillment or inconsistent with the charitable purposes, the Executive Board will endeavor to direct the Fund to support the charitable purpose(s) that most nearly reflect the recommended purpose for the continuation of the Fund. Such disposition will be made in accordance with GSCF WCF procedures.

Appears in 1 contract

Samples: Community Foundation

Time is Money Join Law Insider Premium to draft better contracts faster.