Common use of FUND AUTHORITY Clause in Contracts

FUND AUTHORITY. Please provide contact information for the Donor(s) and select one primary contact. The Donor(s) may exercise grant recommendation privileges and/or may designate additional individuals to exercise grant recommendation privileges with respect to the Fund. All individuals that the Donor designates to recommend grants, including the Donor(s), are collectively referred to as Fund Advisor(s). • Concurrent Fund Advisor is authorized to recommend grants alone or with the Donor. • Successor Fund Advisor is authorized to recommend grants only after all the Fund Advisors are no longer able to exercise their right to do so. Recommendation privileges will begin upon the death, resignation, or written notice of all Donors and Concurrent Advisors.

FUND AUTHORITY. Please provide contact information for the Donor(s) and select one primary contact. The Donor(s) may exercise grant recommendation privileges and/or may designate additional individuals to exercise grant recommendation privileges with respect to the Fund. All individuals that the Donor designates to recommend grants, including the Donor(s), are collectively referred to as Fund Advisor(s). • Concurrent Fund Advisor is authorized to recommend grants alone or with the Donor. • Successor Fund Advisor is authorized to recommend grants only after all the initial Fund Advisors are no longer able to exercise their right to do so. Recommendation Successor Advisor recommendation privileges will begin upon the death, resignation, or written notice of all Donors and Concurrent Advisors. A Successor Advisor may not appoint an additional Successor Advisor.