Fund Advisors. Advisors other than the Donor may be appointed for the purpose of making recommendations and giving advice to the Foundation regarding the administration and distribution of the Fund’s assets (“Grants”). The Advisors for the Fund are: Name Signature Name Signature Name Signature If Advisors other than the Donor and Donor’s Spouse are named, any two of the Advisors so named shall be authorized to advise the Foundation on behalf of Fund. The Donor is encouraged to write a mission statement for the fund in order to communicate strategy and intent for gifts from the fund. In addition, the Donor may wish to place restrictions on or make recommendations to the Fund Advisors. Those instructions and the mission statement should be listed on Schedule A of this agreement, Donors Instructions and Recommendations / Mission Statement. After the Donor’s and/or Donor’s Spouse’s lifetimes(s), (please check one): If none of the above alternatives are selected, the Foundation’s Board of Directors will become the Advisors after the Donor’s lifetime and dispense the balance of the fund in accordance with the Mission Statement or Instructions shown on Schedule A. From time to time, the Donor may amend any portions of Section 4 of this Agreement by stating this in writing and sending it to the office of the Foundation. Donor and Advisor(s) understand that the Foundation will not approve grants recommended by the Fund Advisors that would be used for a purpose not permitted by the Internal Revenue Service. Such purposes include, but are not limited to pledges, dues or membership fees, tickets, political contributions, or any purpose that confers a benefit to any individual such as tuition payments. The Foundation requests a minimum grant recommendation of $25.
Fund Advisors. The Foundation acknowledges that the persons listed in Addendum A of this Agreement shall have authority to make recommendations for grants from the Fund. The Donor may name one or more Successor Advisors to the Fund to act upon the death, resignation, refusal, removal, or inability to act of the last named Advisor(s). At any time that the Fund has multiple Advisors, the Fund Advisors shall select a Lead Advisor who will transmit grant recommendations to the Foundation. It is understood that in the event that no Advisor is able and willing to act, the Foundation’s Board of Directors shall make decisions without an Advisor in accordance with its “Inactive Fund Policy”.
Fund Advisors. The Fund Advisors shall be the then serving , and of the Donor Advisor Organization. Grant recommendations for the fund and modifications of the selected investment option require approval of One Fund Advisor. Two Fund Advisors. Salutation First Name Middle Name/Initial Last Name Suffix Nickname Position with Donor Advisor Organization Home Address City State ZIP Business Position Business Address City State ZIP Home Phone Mobile Phone Business Phone Preferred Email Address Send Statements: Via Email To Home To Business Do Not Send Statements Send Mailings: Via Email To Home To Business Do Not Send Mailings Salutation First Name Middle Name/Initial Last Name Suffix Nickname Position with Donor Advisor Organization Home Address City State ZIP Business Position Business Address City State ZIP Home Phone Mobile Phone Business Phone Preferred Email Address Send Statements: Via Email To Home To Business Do Not Send Statements Send Mailings: Via Email To Home To Business Do Not Send Mailings Salutation First Name Middle Name/Initial Last Name Suffix Nickname Position with Donor Advisor Organization Home Address City State ZIP Business Position Business Address City State ZIP Home Phone Mobile Phone Business Phone Preferred Email Address Send Statements: Via Email To Home To Business Do Not Send Statements Send Mailings: Via Email To Home To Business Do Not Send Mailings
Fund Advisors. The Fund Advisors shall be the then serving , of the Charitable Organization. Grant recommendations for the fund and modifications of the selected investment option require approval of Salutation First Name Middle Name/Initial Last Name Suffix Nickname Position with Charitable Organization Home Address City State ZIP Business Position Business Address City State ZIP Home Phone Send Statements: Send Mailings: Mobile Phone To Home To Home Business Phone Preferred Email Address Via Email Via Email To Business To Business Do Not Send Statements Do Not Send Mailings Salutation First Name Middle Name/Initial Last Name Suffix Nickname Position with Charitable Organization Home Address City State ZIP Business Position Business Address City State ZIP Home Phone Mobile Phone Business Phone Preferred Email Address Send Statements: Via Email To Home To Business Do Not Send Statements Send Mailings: Via Email To Home To Business Do Not Send Mailings Salutation First Name Middle Name/Initial Last Name Suffix Nickname Position with Charitable Organization Home Address City State ZIP Business Position Send Statements: Via Email To Home To Business Do Not Send Statements Send Mailings: Via Email To Home To Business Do Not Send Mailings Business Address City State ZIP Home Phone Mobile Phone Business Phone Preferred Email Address No distributions shall be made unless the fund balance exceeds $ . No distributions shall be made unless the fund balance exceeds $ . Additional distributions may be made to either acquire or renovate a capital asset, meet urgent unexpected financial needs that are unlikely to recur, or for other specific purpose as follows: Grants requested for these purposes are Subject to
Fund Advisors. The advisors of the Fund shall be the Club’s Directors. Annually, the Club’s Directors shall designate two persons as signatories who shall be authorized to make disbursement requests and to contact the Foundation for other purposes. The Club may request distributions from its Fund with all requests being subject to the Foundation’s approval.
Fund Advisors. The Donors and their survivor, for their joint lives and the life of the survivor, are hereby constituted advisors to the Board of Governors of the Foundation (the “Advisors”). The Advisors have been appointed for the purpose of making recommendations and giving advice and counsel to the Board of Governors regarding distributions from the Fund. The Board of Governors shall oversee the Fund’s administration with the advice and consent of the Advisors. The recommendations by the Advisors shall be solely advisory and the Foundation shall not be bound by these recommendations.
Fund Advisors. The Donor may provide non-binding grant recommendations to the Foundation in writing regarding the distribution of the Fund income and principal in accordance with the Policies. Additionally, the Donor’s spouse, if any, may make grant recommendations jointly with the Donor if so specified by the Donor. Otherwise, the Foundation shall be entitled to rely upon instructions given by the Donor individually or, in the absence of grant recommendations from the Donor or following the death of the Donor, by the Donor’s spouse, unless a separate writing is provided to the Foundation restricting such spouse’s right to make grant recommendations.
A. The name of the Donor’s spouse is
X. Xxxxx recommendations may be made by the Donor or Xxxxx’s spouse jointly or individually (please check one): Yes No
C. The Donor nominates the following persons to serve as advisors to the Fund jointly or as otherwise indicated following the death of the survivor of the Donor and the Donor’s spouse, if any (attach additional sheets if necessary). You may change this designation at any time by delivering written notice to the Foundation. Upon notification of the Donor’s death or incapacity (or spouse of the Donor), the person(s) named below is(are) to succeed the Donor:
Fund Advisors. An Advisor is a person currently authorized to recommend grants from the above- established Fund. If more than one Advisor is named, grant recommendations will be coordinated through the Lead Advisor and then submitted to the Charity. Any Advisor may recommend to the Lead Advisor distributions from the Fund.
Fund Advisors. Advisors other than the Donor may be appointed for the purpose of making recommendations and giving advice to the Foundation regarding the administration and distribution of the Fund’s assets (“Grants”). The Advisors for the Fund are (please name at least two Advisors): Name Signature Name Signature Name Signature Any two of the Advisors so named shall be authorized to advise the Foundation on behalf of Fund. If the Donor wishes to place restrictions on or make recommendations to the Fund Advisors, those instructions should be listed on a schedule A of this agreement, The Advisors may be changed from time to time by the Donor by stating this in writing and sending it to the office of the Foundation. Donor and Advisor(s) understand that the Foundation will not approve distributions recommended by the Fund Advisors that would be used for a purpose not permitted by the Internal Revenue Service. Such purposes include, but are not limited to pledges, dues or membership fees, tickets, political contributions, or any purpose that confers a benefit to any individual such as tuition payments. The Foundation requests a minimum grant recommendation of $100.
Fund Advisors and Successor Advisors may themselves close an Endowment Fund by transferring its assets to another fund at the Foundation or any other agreement referred to in the Donation Agreement. Annual Funds may be closed by the donor or advisor recommending Grants of the remaining fund balance to support charitable organisations or activities, or by nominating that the balance be transferred to another Themed Fund.
