Common use of Opening Donor Clause in Contracts

Opening Donor. □ Individual □ Corporation □ Trust/Estate □ Other □ Mr. □ Mrs. □ Ms. □ Other First Name Middle Initial Last Name Preferred Name Name of Corporation or Trust/Estate (if applicable) Xxxxxx Xxxx Xxxxx Zip Code Phone: Home Business Cell Email: Primary Other Preferred Phone: □ Home □ Business □ Cell Preferred Email: □ Primary □ Other Street City State Zip Code □ Individual □ Corporation □ Trust/Estate □ Other □ Mr. □ Mrs. □ Ms. □ Other First Name Middle Initial Last Name Preferred Name Xxxxxx Xxxx Xxxxx Zip Code Phone: Home Business Cell Email: Primary Other Preferred Phone: □ Home □ Business □ Cell Preferred Email: □ Primary □ Other Street City State Zip Code Referral Who referred you to Foundation For The Carolinas? Referral Source: Street City State Zip Code Email: Phone Number: Professional Advisor(s) Please provide contact information for any legal, financial, tax or estate planning professional advisors that have been involved with the planning and establishment of the Gift Fund. □ Attorney □ Accountant □ Financial/Investment Advisor □ Insurance Advisor □ Mr. □ Mrs. □ Ms. □ Other First Name Middle Initial Last Name Preferred Name Firm Name: Street City State Zip Code Phone: Business Cell Email: Primary Other Preferred Phone: □ Business □ Cell Preferred Email: □ Primary □ Other □ Attorney □ Accountant □ Financial/Investment Advisor □ Insurance Advisor □ Mr. □ Mrs. □ Ms. □ Other First Name Middle Initial Last Name Preferred Name Firm Name: Street City State Zip Code Phone: Business Cell Email: Primary Other Preferred Phone: □ Business □ Cell Preferred Email: □ Primary □ Other If there are other professional advisors who you are working with in connection with the Gift Fund, please provide their contact information. Gift Details Please indicate the amount, nature, and timing of the gift details below (check all that apply). The minimum opening contribution is $50,000. Additional gifts can be made at any time. Typically, Field of Interest Funds are established with planned gifts; however, if you are establishing the fund today, please indicate the opening contribution details below. □ Check, ACH or wire for $ □ Marketable securities: shares of from □ Mutual funds: shares of from □ Transfer $ from FFTC Fund Name & # □ Other: □ Proceeds from gift of closely held stock, partnership or LLC interest, etc. – Accepted gifts of closely held business interests via Community Investments Foundation, a Subsidiary Foundation of FFTC. Please contact FFTC staff to discuss a gift of closely held business interests and to request the appropriate documents. □ Proceeds from gift of real estate – Accepted gifts of real property via Community Real Property Holdings, Inc., a Subsidiary Foundation of FFTC. Please contact FFTC staff to discuss a gift of real property and to request the appropriate documents. Planned Giving If known or reasonably expected, please complete a Planned Gift Document to indicate the amount, nature and details of any planned gifts. The Foundation can help you and your financial advisors structure a planned gift that meets your philanthropic and financial goals. A planned gift is generally one that originates during your lifetime but will not be received by the Foundation until after your death. Estimated value of total expected future contribution(s): □ I have completed a Planned Gift Document (requested for funds with planned gifts). Type of Fund Please choose whether the Gift Fund will be a permanent Endowed fund with the Foundation or a Non-Endowed Gift Fund. □ Endowed (please initial) An Endowed Gift Fund is a permanent, legacy Fund. Its assets are held irrevocably by the Foundation and are managed to accomplish the identified charitable purposes. Endowed Gift Funds are designed to be preserved in perpetuity, so only the annual spendable income is available for grantmaking. Choose this option to establish a permanent legacy by providing continuing support for the charitable purposes of the Gift Fund. The decision to endow is irrevocable and donors should discuss with FFTC staff before selecting this option. □ Non-Endowed A Non-Endowed Gift Fund is a gift fund in which the assets are fully available for grants at any time. Choose this option to maintain maximum flexibility in terms of grant amounts. Spendable Amount The following pertains to Endowed Gift Funds only. Please read if you are establishing an Endowed Gift Fund.

Opening Donor. □ Individual □ Corporation □ Trust/Estate □ Other □ Mr. □ Mrs. □ Ms. □ Other First Name Middle Initial Last Name Preferred Name Name of Corporation or Trust/Estate (if applicable) Title Xxxxxx Xxxx Xxxxx Zip Code Phone: Home Business Cell Email: Primary Other Preferred Phone: □ Home □ Business □ Cell Preferred Email: □ Primary □ Other Street City State Zip Code If Opening Donor is an organization, is the organization a qualified public charity as described in Section 501(c)(3) and 509(a) of the Internal Revenue Code?  Yes  No □ Individual □ Corporation □ Trust/Estate □ Other □ Mr. □ Mrs. □ Ms. □ Other First Name Middle Initial Last Name Preferred Name Name of Corporation or Trust/Estate (if applicable) Xxxxxx Xxxx Xxxxx Zip Code Phone: Home Business Cell Email: Primary Other Preferred Phone: □ Home □ Business □ Cell Preferred Email: □ Primary □ Other Street City State Zip Code □ Individual □ Corporation □ Trust/Estate □ Other □ Mr. □ Mrs. □ Ms. □ Other First Name Middle Initial Last Name Preferred Name Xxxxxx Xxxx Xxxxx Zip Code Phone: Home Business Cell Email: Primary Other Preferred Phone: □ Home □ Business □ Cell Preferred Email: □ Primary □ Other Street City State Zip Code Referral Who referred you to Foundation For The Carolinas? Referral Source: Street City State Zip Code Email: Phone Number: Professional Advisor(sIf Opening Donor 2 is an organization, is the organization a qualified public charity as described in Section 501(c)(3) Please provide contact information for any legal, financial, tax or estate planning professional advisors that have been involved with the planning and establishment 509(a) of the Gift Fund. □ Attorney □ Accountant □ Financial/Investment Advisor □ Insurance Advisor □ Mr. □ Mrs. □ Ms. □ Other First Name Middle Initial Last Name Preferred Name Firm Name: Street City State Zip Code Phone: Business Cell Email: Primary Other Preferred Phone: □ Business □ Cell Preferred Email: □ Primary □ Other □ Attorney □ Accountant □ Financial/Investment Advisor □ Insurance Advisor □ Mr. □ Mrs. □ Ms. □ Other First Name Middle Initial Last Name Preferred Name Firm Name: Street City State Zip Code Phone: Business Cell Email: Primary Other Preferred Phone: □ Business □ Cell Preferred Email: □ Primary □ Other If there are other professional advisors who you are working with in connection with the Gift Fund, please provide their contact information. Gift Details Internal Revenue Code?  Yes  No Opening Contribution Please indicate the amount, nature, amount and timing nature of the gift details below opening contribution to the Scholarship Fund (check all that apply). The minimum opening contribution for Select Scholarship Funds is $50,00025,000 for individuals and $100,000 for corporations or other business entities. For Comprehensive Scholarship Funds, the minimum opening contribution is $500,000. If contributing multiple securities or assets, please attach additional pages as needed. Additional gifts can be made at any time. Typically, Field of Interest Funds are established with planned gifts; however, if you are establishing the fund today, please indicate the opening contribution details below. □ Check, ACH or wire Wire for $ □ Marketable securities: shares of from □ Mutual funds: shares of from □ Transfer $ from FFTC Fund Name & # XXX/retirement plan/life insurance (attach a copy of beneficiary designation form) □ Other: Bequest or other deferred gift – If the opening contribution will be made via a bequest or other deferred gift, check the box and complete the Planned Giving section immediately below. □ Proceeds from gift of closely held stock, partnership or LLC interest, etc. – Accepted gifts of closely held business interests via Community Investments Foundation, a Subsidiary Foundation of FFTC. Please contact FFTC staff to discuss a gift of closely held business interests and to request the appropriate documents. □ Proceeds from gift of real estate – Accepted gifts of real property via Community Real Property Holdings, Inc., a Subsidiary Foundation of FFTC. Please contact FFTC staff to discuss a gift of real property and to request the appropriate documents. □ Transfer $ from FFTC Fund Name & # □ Other: Estimated value of total initial contribution(s): Investments The Foundation is pleased to offer a variety of investment pools for Scholarship Funds. FFTC offers investment options that span the risk-return spectrum from conservative allocations to more growth- oriented investment pools. For investment pool descriptions and information on performance, visit xxx.xxxx.xxx/xxxxx. Please complete and sign Addendum I – Gift Fund Investment Recommendation Form – to select an investment pool. If you do not select an investment pool, the Foundation will place the Scholarship Fund into the Diversified Long-Term Growth Pool. Type of Scholarship Fund All Scholarship Funds will be Endowed. An Endowed Scholarship Fund is a permanent, legacy Fund. Its assets are irrevocably held by the Foundation and are managed to accomplish the designated charitable purposes. Endowed Scholarship Funds are designed to preserve the gift in perpetuity, so only the annual spendable income is available for distribution. This type of fund is for those interested in creating a permanent legacy by providing continuing support for the charitable purposes of the Scholarship Fund. Please choose one of the following and by doing so, you are also confirming your understanding that the Scholarship Fund will be a permanent fund with the Foundation: □ Select Scholarship Fund (Donor please initial) The beneficiary institution or organization manages the selection process of the recipients. In addition, the beneficiary institution or organization agrees to conduct the selection process, comply with applicable rules and regulations, and notify Foundation For The Carolinas when prompted. □ Comprehensive Scholarship Fund ($500,000 minimum) (Donor please initial) The Foundation manages the entire scholarship process from marketing to recipient selection (please discuss details with the Foundation’s Scholarships Team). Planned Giving If known or reasonably expected, please complete a Planned Gift Document to indicate the amount, nature and details of any planned gifts. The Foundation can help you and your financial advisors structure a planned gift that meets your philanthropic and financial goals. A planned gift is generally one that originates during your lifetime but will not be received by the Foundation until after your death. Estimated value of total expected future contribution(s): □ I have completed a Planned Gift Document (requested for funds with planned gifts). Type of Referral Please provide referral source, if applicable. Referral Name: Address: Email: City, State, Zip: Phone Number: Fund Advisors Please choose whether designate Advisors to the Gift Fund will be a permanent Endowed fund with the Foundation or a Non-Endowed Gift Fund. □ Endowed (please initial) An Endowed Gift Fund is a permanent, legacy Fund. Its assets are held irrevocably by the Foundation and are managed to accomplish the identified charitable purposes. Endowed Gift Funds are designed to be preserved in perpetuity, so only the annual spendable income is available for grantmaking. Choose this option to establish a permanent legacy by providing continuing support for the charitable purposes of the Gift Fund. The decision to endow is irrevocable and donors should discuss with FFTC staff before selecting this option. □ Non-Endowed A Non-Endowed Gift Fund is a gift fund in which the assets are fully available for grants at any time. Choose this option to maintain maximum flexibility in terms of grant amounts. Spendable Amount The following pertains to Endowed Gift Funds only. Please read if you are establishing an Endowed Gift Scholarship Fund.

Opening Donor. □ Individual □ Corporation □ Trust/Estate □ Other □ Mr. □ Mrs. □ Ms. □ Other First Name Middle Initial Last Name Preferred Name Name of Corporation or Trust/Estate (if applicable) Xxxxxx Xxxx Xxxxx Street City State Zip Code Phone: Home Business Cell Email: Primary Other Preferred Phone: □ Home □ Business □ Cell Preferred Email: □ Primary □ Other Street City State Zip Code □ Individual □ Corporation □ Trust/Estate □ Other □ Mr. □ Mrs. □ Ms. □ Other First Name Middle Initial Last Name Preferred Name Xxxxxx Xxxx Xxxxx Street City State Zip Code Phone: Home Business Cell Email: Primary Other Preferred Phone: □ Home □ Business □ Cell Preferred Email: □ Primary □ Other Street City State Zip Code Referral Who referred you to Foundation For The Carolinas? Referral Source: Street City State Zip Code Email: Phone Number: Professional Advisor(s) Please provide contact information for any legal, financial, tax or estate planning professional advisors that have been involved with the planning and establishment of the Gift Fund. □ Attorney □ Accountant □ Financial/Investment Advisor □ Insurance Advisor □ Mr. □ Mrs. □ Ms. □ Other First Name Middle Initial Last Name Preferred Name Firm Name: Street City State Zip Code Phone: Business Cell Email: Primary Other Preferred Phone: □ Business □ Cell Preferred Email: □ Primary □ Other □ Attorney □ Accountant □ Financial/Investment Advisor □ Insurance Advisor □ Mr. □ Mrs. □ Ms. □ Other First Name Middle Initial Last Name Preferred Name Firm Name: Street City State Zip Code Phone: Business Cell Email: Primary Other Preferred Phone: □ Business □ Cell Preferred Email: □ Primary □ Other If there are other professional advisors who you are working with in connection with the Gift Fund, please provide their contact information. Gift Details Please indicate the amount, nature, and timing of the gift details below (check all that apply). The minimum opening contribution is $50,000. Additional gifts can be made at any time. Typically, Field of Interest Funds are established with planned gifts; however, if you are establishing the fund today, please indicate the opening contribution details below. □ Check, ACH or wire for $ □ Marketable securities: shares of from □ Mutual funds: shares of from □ Transfer $ from FFTC Fund Name & # □ Other: □ Proceeds from gift of closely held stock, partnership or LLC interest, etc. – Accepted gifts of closely held business interests via Community Investments Foundation, a Subsidiary Foundation of FFTC. Please contact FFTC staff to discuss a gift of closely held business interests and to request the appropriate documents. □ Proceeds from gift of real estate – Accepted gifts of real property via Community Real Property Holdings, Inc., a Subsidiary Foundation of FFTC. Please contact FFTC staff to discuss a gift of real property and to request the appropriate documents. Planned Giving If known or reasonably expected, please complete a Planned Gift Document to indicate the amount, nature and details of any planned gifts. The Foundation can help you and your financial advisors structure a planned gift that meets your philanthropic and financial goals. A planned gift is generally one that originates during your lifetime but will not be received by the Foundation until after your death. Estimated value of total expected future contribution(s): □ I have completed a Planned Gift Document (requested for funds with planned gifts). Type of Fund Please choose whether the Gift Fund will be a permanent Endowed fund with the Foundation or a Non-Endowed Gift Fund. □ Endowed (please initial) An Endowed Gift Fund is a permanent, legacy Fund. Its assets are held irrevocably by the Foundation and are managed to accomplish the identified charitable purposes. Endowed Gift Funds are designed to be preserved in perpetuity, so only the annual spendable income is available for grantmaking. Choose this option to establish a permanent legacy by providing continuing support for the charitable purposes of the Gift Fund. The decision to endow is irrevocable and donors should discuss with FFTC staff before selecting this option. □ Non-Endowed A Non-Endowed Gift Fund is a gift fund in which the assets are fully available for grants at any time. Choose this option to maintain maximum flexibility in terms of grant amounts. Spendable Amount The following pertains to Endowed Gift Funds only. Please read if you are establishing an Endowed Gift Fund.

Opening Donor. □ Individual □ Corporation □ Trust/Estate □ Other □ Mr. □ Mrs. □ Ms. □ Other First Name Middle Initial Last Name Preferred Name Name of Corporation or Trust/Estate (if applicable) Title Xxxxxx Xxxx Xxxxx Zip Code Phone: Home Business Cell Email: Primary Other Preferred Phone: □ Home □ Business □ Cell Preferred Email: □ Primary □ Other Street City State Zip Code If Opening Donor is an organization, is the organization a qualified public charity as described in Section 501(c)(3) and 509(a) of the Internal Revenue Code? 🞏 Yes 🞏 No □ Individual □ Corporation □ Trust/Estate □ Other □ Mr. □ Mrs. □ Ms. □ Other First Name Middle Initial Last Name Preferred Name Name of Corporation or Trust/Estate (if applicable) Xxxxxx Xxxx Xxxxx Zip Code Phone: Home Business Cell Email: Primary Other Preferred Phone: □ Home □ Business □ Cell Preferred Email: □ Primary □ Other Street City State Zip Code □ Individual □ Corporation □ Trust/Estate □ Other □ Mr. □ Mrs. □ Ms. □ Other First Name Middle Initial Last Name Preferred Name Xxxxxx Xxxx Xxxxx Zip Code Phone: Home Business Cell Email: Primary Other Preferred Phone: □ Home □ Business □ Cell Preferred Email: □ Primary □ Other Street City State Zip Code Referral Who referred you to Foundation For The Carolinas? Referral Source: Street City State Zip Code Email: Phone Number: Professional Advisor(sIf Opening Donor 2 is an organization, is the organization a qualified public charity as described in Section 501(c)(3) Please provide contact information for any legal, financial, tax or estate planning professional advisors that have been involved with the planning and establishment 509(a) of the Gift Fund. □ Attorney □ Accountant □ Financial/Investment Advisor □ Insurance Advisor □ Mr. □ Mrs. □ Ms. □ Other First Name Middle Initial Last Name Preferred Name Firm Name: Street City State Zip Code Phone: Business Cell Email: Primary Other Preferred Phone: □ Business □ Cell Preferred Email: □ Primary □ Other □ Attorney □ Accountant □ Financial/Investment Advisor □ Insurance Advisor □ Mr. □ Mrs. □ Ms. □ Other First Name Middle Initial Last Name Preferred Name Firm Name: Street City State Zip Code Phone: Business Cell Email: Primary Other Preferred Phone: □ Business □ Cell Preferred Email: □ Primary □ Other If there are other professional advisors who you are working with in connection with the Gift Fund, please provide their contact information. Gift Details Internal Revenue Code? 🞏 Yes 🞏 No Opening Contribution Please indicate the amount, nature, amount and timing nature of the gift details below opening contribution to the Scholarship Fund (check all that apply). The minimum opening contribution for Select Scholarship Funds is $50,00050,000 for individuals and $100,000 for corporations or other business entities. For Comprehensive Scholarship Funds, the minimum opening contribution is $500,000. If contributing multiple securities or assets, please attach additional pages as needed. Additional gifts can be made at any time. Typically, Field of Interest Funds are established with planned gifts; however, if you are establishing the fund today, please indicate the opening contribution details below. □ Check, ACH or wire Wire for $ □ Marketable securities: shares of from □ Mutual funds: shares of from □ Transfer $ from FFTC Fund Name & # IRA/retirement plan/life insurance (attach a copy of beneficiary designation form) □ Other: Bequest or other deferred gift – If the opening contribution will be made via a bequest or other deferred gift, check the box and complete the Planned Giving section immediately below. □ Proceeds from gift of closely held stock, partnership or LLC interest, etc. – Accepted gifts of closely held business interests via Community Investments Foundation, a Subsidiary Foundation of FFTC. Please contact FFTC staff to discuss a gift of closely held business interests and to request the appropriate documents. □ Proceeds from gift of real estate – Accepted gifts of real property via Community Real Property Holdings, Inc., a Subsidiary Foundation of FFTC. Please contact FFTC staff to discuss a gift of real property and to request the appropriate documents. □ Transfer $ from FFTC Fund Name & # □ Other: Estimated value of total initial contribution(s): Investments The Foundation is pleased to offer a variety of investment pools for Scholarship Funds. FFTC offers investment options that span the risk-return spectrum from conservative allocations to more growth- oriented investment pools. For investment pool descriptions and information on performance, visit xxx.xxxx.xxx/xxxxx. Please complete and sign Addendum I – Gift Fund Investment Recommendation Form – to select an investment pool. If you do not select an investment pool, the Foundation will place the Scholarship Fund into the Diversified Long-Term Growth Pool. Type of Scholarship Fund All Scholarship Funds will be Endowed. An Endowed Scholarship Fund is a permanent, legacy Fund. Its assets are irrevocably held by the Foundation and are managed to accomplish the designated charitable purposes. Endowed Scholarship Funds are designed to preserve the gift in perpetuity, so only the annual spendable income is available for distribution. This type of fund is for those interested in creating a permanent legacy by providing continuing support for the charitable purposes of the Scholarship Fund. Please choose one of the following and by doing so, you are also confirming your understanding that the Scholarship Fund will be a permanent fund with the Foundation: □ Select Scholarship Fund (Donor please initial) ($50,000 minimum for individuals; $100,000 minimum for corporations or other business entities) The beneficiary institution or organization manages the selection process of the recipients. In addition, the beneficiary institution or organization agrees to conduct the selection process, comply with applicable rules and regulations, and notify Foundation For The Carolinas when prompted. □ Comprehensive Scholarship Fund ($500,000 minimum) (Donor please initial) The Foundation manages the entire scholarship process from marketing to recipient selection (please discuss details with the Foundation’s Scholarships Team). Planned Giving If known or reasonably expected, please complete a Planned Gift Document to indicate the amount, nature and details of any planned gifts. The Foundation can help you and your financial advisors structure a planned gift that meets your philanthropic and financial goals. A planned gift is generally one that originates during your lifetime but will not be received by the Foundation until after your death. Estimated value of total expected future contribution(s): □ I have completed a Planned Gift Document (requested for funds with planned gifts). Type of Referral Please provide referral source, if applicable. Referral Name: Address: Email: City, State, Zip: Phone Number: Fund Advisors Please choose whether designate Advisors to the Gift Fund will be a permanent Endowed fund with the Foundation or a Non-Endowed Gift Fund. □ Endowed (please initial) An Endowed Gift Fund is a permanent, legacy Fund. Its assets are held irrevocably by the Foundation and are managed to accomplish the identified charitable purposes. Endowed Gift Funds are designed to be preserved in perpetuity, so only the annual spendable income is available for grantmaking. Choose this option to establish a permanent legacy by providing continuing support for the charitable purposes of the Gift Fund. The decision to endow is irrevocable and donors should discuss with FFTC staff before selecting this option. □ Non-Endowed A Non-Endowed Gift Fund is a gift fund in which the assets are fully available for grants at any time. Choose this option to maintain maximum flexibility in terms of grant amounts. Spendable Amount The following pertains to Endowed Gift Funds only. Please read if you are establishing an Endowed Gift Scholarship Fund.