Donor Advised Fund. All contributions to this fund shall be governed by the terms of this Agreement.
Donor Advised Fund a) The Donor may advise the Foundation in writing from time to time on the distribution of the Fund. In addition, the Donor may designate in writing one or more persons to advise the Foundation in the event of withdrawal, incapacity, or death of the Donor for a period not to exceed twenty years after the death of the Donor.
b) If more than one person shall have the right to advise the Foundation at any time, and the Donor shall not have designated a spokesperson as the advisor, those who have a right to advise shall unanimously notify the Foundation in writing of the spokesperson who shall communicate with the Foundation on their behalf. The Foundation may rely upon such notification until changed by written notice executed by all such persons, and shall not be obliged to consider advice without the designation of an advisor.
c) In the event that no one advises the Foundation on the distribution of the Fund for three consecutive years, the Foundation may deem that no one has an interest in advising with respect to the Fund and administer the Fund without considering the advice of any third party thirty days after written notice to the last known address of the last designated spokesperson.
Donor Advised Fund. Permanent endowed fund. Not returnable to Donor. The amount of distributions shall be distributed for such charitable purposes as the Board of the Community Foundation shall from time to time direct. The minimum single distribution shall not be less than $100. The Donor may, from time to time, advise the Community Foundation concerning the distributions of the Fund for such charitable purposes on an annual basis, provided: □ such advice is consistent with the Community Foundation’s determination of (Initials) charitable needs of a 501(c)(3) charitable organization and with any guidelines promulgated by the Community Foundation enumerating specific charitable needs; □ the Donor may not direct use of funds to fulfill a pledge, for a personal benefit, to (Initials) provide grants to individuals, or to fulfill any other legal obligation of a donor or donor advisor; and □ the Community Foundation will not be bound by any advice offered by the donor, the (Initials) Board of the Community Foundation at all times retaining the authority and responsibility for directing the distribution from the Fund. The Donor may transfer the opportunity and privilege to provide grant suggestions by delivering written notice of the name, address and phone number of the Donor’s successor to the Community
Donor Advised Fund. Donors who want a more active role in grantmaking can establish a Donor Advised Fund. This allows you to recommend charitable organizations to receive grants from your fund. The Three Rivers Community Foundation helps you by verifying the charitable status and mission of the organizations and identifying organizations you may want to support. Other family members can also be named as advisors, thereby encouraging children and grandchildren to carry on family philanthropy. Area of Interest Fund. Donors who feel strongly about a particular cause or a particular geographical area but do not wish to take an active role in grantmaking may want to establish or contribute to an Area of Interest Fund. This type of fund allows you to identify and support a charitable purpose (i.e., alleviation of poverty, education, etc.), a category of interest (i.e., arts, education, human services, etc.), and/or a geographic area that you feel passionate about supporting.
Donor Advised Fund. MicroTraders may choose to operate one or more donor advised funds (each such fund a “DAF”) in furtherance of the organization’s charitable mission. From time to time, Users may become eligible to participate on the MicroTraders platform – such as via free trial Loans or Bonuses as described above – by exercising advisory privileges over certain funds donated to a MicroTraders DAF (“DAF Funds”). In such cases, a User understands and agrees that (i) the recommendation made by selecting a Loan to be supported with DAF Funds (whether via free trial loans, Bonuses, or other features that MicroTraders may offer from time to time) is advisory in nature only and that final discretion in the deployment of any DAF Funds ultimately rests with MicroTraders by law and (ii) such a User shall not exercise advisory privileges to satisfy a personal pledge or obligation or in a manner which results in any impermissible private benefit to the User, the funding donor of the applicable DAF Funds, or any of such funder’s affiliates. Certain Borrowers that are otherwise available to fund on the Website may not be eligible to receive DAF Funds.
Donor Advised Fund. Open a donor-advised fund at The Generosity Trust and make a monthly internal transfer to the Young Givers Circle.
Donor Advised Fund. The Company and the Foundation hereby acknowledge and agree that:
a. All contributions to the Foundation shall be irrevocable and shall be used in furtherance of the charitable and philanthropic purposes of the Foundation. At any time prior to the disposition of the sale of shares arising from the Equity Donation, the Company may advise the Foundation regarding the charitable and philanthropic disposition of up to [eighty percent (80%)] of the proceeds from the sale of the shares arising from the Equity Donation with a non-binding written or oral recommendation. The remaining [twenty percent (20%)] will become part of the Foundation’s general fund and shall be used to pay general expenses of the Foundation.
b. Notwithstanding anything in this agreement to the contrary, the Foundation shall, in its sole discretion, determine and distribute the proceeds from the sale of the shares arising from the Equity Donation in furtherance of the purposes of the Foundation and that there will be no financial benefit to the Company, nor will there be a distribution of proceeds to a private non-operating foundation.
c. In the event that the Foundation should determine that the continued compliance with the terms of this Agreement would be impossible or impractical or the Foundation ceases to exist or otherwise ceases to function, the Foundation shall distribute the net assets of this contribution to one or more charitable organizations exempt from taxation under Section 501(c)(3) of the Internal Revenue Code of 1986, as amended.
d. The Foundation shall incur no liability to the undersigned for anything done, or omitted by the Foundation in connection with the Foundation’s duties hereunder, except for loss occasioned by the gross negligence or bad faith of Foundation and each of the parties to this agreement specifically acknowledge that the Foundation is not acting as a trustee with respect to the arrangement set forth in this Agreement.
Donor Advised Fund. The amount of distributions shall be distributed for such charitable purposes as (Initials) the Board of the Community Foundation shall from time to time direct. The minimum single distribution shall not be less than $100. The Donor may, from time to time, advise the Community Foundation concerning the distributions of the Fund for such charitable purposes on an annual basis, provided: (Initials) □ such advice is consistent with the Community Foundation’s determination of charitable needs of a 501(c)(3) charitable organization and with any guidelines promulgated by the Community Foundation enumerating specific charitable needs;
Donor Advised Fund. You may name advisors to the fund who remain involved by suggesting ongoing uses for your gift. Fund Advisor Name Mailing Address City State ZIP % □ Designated Fund Grants made possible by your gift provide permanent support to one or more specific nonprofit organizations each year. Should the organization you name cease to exist in the future, TPF will redirect grants to the next most closely related organization. Please name the recipient organizations below: Organization: Address: City, State, ZIP: Phone: Phone Email Address Organization: Address: City, State, ZIP: Phone: It is my intention to convey to the Turkish Philanthropy Funds property as specified under the terms of the executed This conveyance will constitute an outright contribution to the Turkish Philanthropy Funds to be used in carrying out its charitable purposes. I request that the property I contribute shall be held as a separate Fund of the Foundation which shall be known and designated as the .
Donor Advised Fund. If you have questions about making a gift from an IRA, please contact the KMF at 000-000-0000. Check(s) should be made payable to the Kansas Methodist Foundation. Please contact the KMF at 000-000-0000. Please contact the KMF at 000-000-0000.
