Common use of Fund Advisors Clause in Contracts

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. 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 Name: Email: Name: Email: If Advisors other than the Donor and DonorXxxxx’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 DonorXxxxx’s Spouse’s lifetimes(s), (please check "one"): The balance of the fund will be distributed to the non-profits recommended on Schedule A (“Designated Beneficiaries”) Successor Advisors for the fund will be The fund will become an endowed Legacy Fund (please complete the separate agreement for a CCF Legacy Fund). 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 $2550.

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 $2550.

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 Name: Email: Name: Email: If Advisors other than the Donor and DonorXxxxx’s Spouse are named, any two of the other 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 DonorXxxxx’s Spouse’s lifetimes(s), (please check "one"): The balance of the fund will be distributed to the non-profits recommended on Schedule A (“Designated Beneficiaries”) Successor Advisors for the fund will be The fund will become an endowed Legacy Fund (please complete the separate agreement for a CCF Legacy Fund). 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 $2550.