INITIAL GIFT INFORMATION Sample Clauses

INITIAL GIFT INFORMATION. The Boston Foundation recommends that donors work with a legal, tax or financial professional to determine the best charitable gifting asset for their needs. For wiring instructions or to discuss a possible gift, please call Donor Services at 000-000-0000. Is this is a conversion from a Private Foundation or Trust? n yes n no If yes, the name is: Cash: n By check $ n By wire $ Securities: Bank: n $ Approximate Value Approximate # of shares Name of Security CUSIP/Symbol Type: n Public n Private Sent by: n Electronic transfer n Certificate transfer Broker Name Firm Phone Complex Assets: n $ Description: Planned Gift: n Bequest n IRA/retirement plan assets n Charitable remainder trust n Life insurance n Charitable lead trust n Other All contributions made to the Boston Foundation become assets of the Boston Foundation and are irrevocable as tax deductible gifts. All gifts to the Boston Foundation must further the charitable purpose and mission of the Boston Foundation. The Boston Foundation reserves the right to review and approve all contributions. All contributions to the Boston Foundation are subject to the Boston Foundation’s variance power, as stated in Article 4.7 of its Articles of Organization, which gives the Board of Directors of the Boston Foundation the right to redirect the use of any fund under certain conditions to better meet the changing needs of the community.
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