Dissolution of the Beneficiary Organization. In the event of the dissolution of the Beneficiary Organization, or in the event the Beneficiary Organization ceases to be a 501(c)(3) organization, the Foundation shall maintain the Fund as Fund Advisor; provided, however, the purposes of the Fund shall be modified to provide financial support to one or more such other 501(c)(3) organizations located in Xxxx County, Georgia that serve charitable purposes similar to those of the Beneficiary Organization as the Foundation’s Board of Directors shall determine.
Appears in 4 contracts
Samples: Donor Advised Fund Agreement, Donor Advised Fund Agreement, Donor Advised Fund Agreement
