Common use of Establishment of Fund Clause in Contracts

Establishment of Fund. The Fund hereby created shall be known as the <name> Charitable Fund (“Fund”) and, as a component fund of the Foundation, shall be established for the purpose and subject to the terms and conditions herein set forth. All money and property transferred to the Fund shall be an irrevocable gift to the Foundation.

Appears in 4 contracts

Samples: Donor Advised Fund Agreement, Donor Advised Fund Agreement, Donor Advised Fund Agreement

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Establishment of Fund. The Fund hereby created shall be known as the <name< name > Charitable Fund (“Fund”) and, as a component fund of the Foundation, shall be established for the purpose and subject to the terms and conditions herein set forth. All money and property transferred to the Fund shall be an irrevocable gift to the Foundation.

Appears in 3 contracts

Samples: Endowment Fund Agreement, Endowment Fund Agreement, Endowment Fund Agreement

Establishment of Fund. The Fund hereby created shall be known as the <nameThe < name > Charitable Fund (“Fund”) and, as a component fund of the Foundation, shall be established for the purpose and subject to the terms and conditions herein set forth. All money and property transferred to the Fund shall be an irrevocable gift to the Foundation.

Appears in 1 contract

Samples: Endowment Fund Agreement

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Establishment of Fund. The Fund hereby created shall be known as the <name> Charitable Scholarship Fund (“Fund”) and, as a component fund of the Foundation, shall be established for the purpose and subject to the terms and conditions herein set forth. All money and property transferred to the Fund shall be an irrevocable gift to the Foundation.

Appears in 1 contract

Samples: Non Endowed Scholarship Fund Agreement

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