Common use of Spendable Letter Clause in Contracts

Spendable Letter. A letter will be mailed annually detailing the available amount for distribution from the Agency fund. Unless otherwise noted, Representative 1 will be designated as the recipient of the spendable letter. If the spendable letter should instead be sent to a different recipient, please provide the name and full contact information of this recipient in the space below. Name: Address: Investments The Foundation is pleased to offer a variety of investment pools for Agency Funds. All investment pools are reviewed by the Foundation’s Investment Committee. Please complete Addendum I – Agency Fund Investment Recommendation Form – to select an investment pool. 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. If you do not select an investment pool, the Foundation will place Non-Endowed and Quasi-Endowed Funds into the Liquid Reserves Pool and Endowed Funds into the Endowed Diversified Long-Term Growth Pool. Affiliation Please indicate the primary Foundation affiliate with which the Agency Fund should be associated, if any. □ None/unaffiliated (generally associated with the Foundation) □ Supporting Organizations □ United Way Legacy Foundation Geographic Affiliation – North Carolina □ Cabarrus County Community Foundation □ Cleveland County Community Foundation □ Lexington Area Community Foundation □ The Xxxx Foundation (Richmond County) □ Stanly County Community Foundation Geographic Affiliation – South Carolina □ Cherokee County Community Foundation □ □ York County Community Foundation Other Xxxxxxxxx Xxxxxxxxxxx Library Foundation Greater Charlotte Cultural Trust Xxxxxxxxx Xxxxxxxxxxx Community Foundation Iredell County Community Foundation Lincoln County Community Foundation Xxxxxxxxx-Xxxxx Community Foundation Union County Community Foundation □ Lancaster County Community Foundation Service Level Please indicate the Foundation’s service level that you choose for the Agency Fund. Which of the Foundation’s service levels should apply to the Agency Fund: □ Standard – Please refer to The Charitable Giving Guide for more information.

Spendable Letter. A letter will be mailed annually detailing the available amount for distribution from the Agency fund. Unless otherwise noted, Representative 1 will be designated as the recipient of the spendable letter. If the spendable letter should instead be sent to a different recipient, please provide the name and full contact information of this recipient in the space below. Name: Address: Investments The Foundation is pleased to offer a variety of investment pools for Agency Funds. All investment pools are reviewed by the Foundation’s Investment Committee. Please complete Addendum I – Agency Fund Investment Recommendation Form – to select an investment pool. 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. If you do not select an investment pool, the Foundation will place Non-Endowed and Quasi-Endowed Funds into the Liquid Reserves Pool and Endowed Funds into the Endowed Diversified Long-Term Growth Pool. Affiliation Please indicate the primary Foundation affiliate with which the Agency Fund should be associated, if any. □ None/unaffiliated (generally associated with the Foundation) □ Supporting Organizations □ United Way Legacy Foundation Geographic Affiliation – North Carolina □ Cabarrus County Community Foundation □ Cleveland County Community Foundation □ Lexington Area Community Foundation □ The Xxxx Foundation (for Richmond County) County □ Stanly County Community Foundation Geographic Affiliation – South Carolina □ Cherokee County Community Foundation □ □ York County Community Foundation Other Xxxxxxxxx Xxxxxxxxxxx Library Foundation Greater Charlotte Cultural Trust Xxxxxxxxx Xxxxxxxxxxx Community Foundation Iredell County Community Foundation Lincoln County Community Foundation Xxxxxxxxx-Xxxxx Salisbury Community Foundation Union County Community Foundation □ Lancaster County Community Foundation Service Level Please indicate the Foundation’s service level that you choose for the Agency Fund. Which of the Foundation’s service levels should apply to the Agency Fund: □ Standard – Please refer to The Charitable Giving Guide for more information.

Spendable Letter. A letter will be mailed annually detailing the available amount for distribution from the Agency fund. Unless otherwise noted, Representative 1 will be designated as the recipient of the spendable letter. If the spendable letter should instead be sent to a different recipient, please provide the name and full contact information of this recipient in the space below. Name: Address: Investments The Foundation is pleased to offer a variety of investment pools for Agency Funds. All investment pools are reviewed by the Foundation’s Investment Committee. Please complete Addendum I – Agency Fund Investment Recommendation Form – to select an investment pool. 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. If you do not select an investment pool, the Foundation will place Non-Endowed and Quasi-Endowed Funds into the Liquid Reserves Pool and Endowed Funds into the Endowed Diversified Long-Term Growth Pool. Affiliation Please indicate the primary Foundation affiliate with which the Agency Fund should be associated, if any. □ None/unaffiliated (generally associated with the Foundation) □ Supporting Organizations □ United Way Legacy Foundation □ Xxxxxxxxx Xxxxxxxxxxx Library Foundation Geographic Affiliation – North Carolina □ Cabarrus County Community Foundation □ Xxxxxxxxx Xxxxxxxxxxx Community Foundation □ Cleveland County Community Foundation □ Iredell County Community Foundation □ Lexington Area Community Foundation □ The Xxxx Lincoln County Community Foundation (□ Foundation for Richmond County) County □ Xxxxxxxxx-Xxxxx Community Foundation □ Stanly County Community Foundation □ Union County Community Foundation Geographic Affiliation – South Carolina □ Cherokee County Community Foundation □ Lancaster County Community Foundation □ York County Community Foundation □ Other Xxxxxxxxx Xxxxxxxxxxx Library Foundation Greater Charlotte Cultural Trust Xxxxxxxxx Xxxxxxxxxxx Community Foundation Iredell County Community Foundation Lincoln County Community Foundation Xxxxxxxxx-Xxxxx Community Foundation Union County Community Foundation □ Lancaster County Community Foundation Service Level Please indicate the Foundation’s service level that you choose for the Agency Fund. Which of the Foundation’s service levels should apply to the Agency Fund: □ Standard – Please refer to The Charitable Giving Guide for more information.