Common use of Substantiation of Charitable Donations Clause in Contracts

Substantiation of Charitable Donations. Sponsor agrees that all Sponsored Program Funds will be reported for federal tax purposes as contributions to Sponsor and further agrees to acknowledge receipt of such Sponsored Program Funds in writing to donors, as required under federal tax law, and to furnish evidence of Sponsor’s status as an organization qualified under Section 501(c)(3) of the Code to donors on request.

Appears in 3 contracts

Samples: Miami Fiscal Sponsorship Agreement, Fiscal Sponsorship Agreement, Fiscal Sponsorship Agreement

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Substantiation of Charitable Donations. Sponsor agrees The Parties acknowledge and agree that all Sponsored Program Funds will be reported for federal tax purposes as contributions to Sponsor and further agrees to acknowledge receipt of such Sponsored Program Funds in writing to donors, as required under federal tax law, and to furnish evidence of Sponsor’s status as an organization qualified under Section 501(c)(3) of the Code to donors on request.

Appears in 1 contract

Samples: Fiscal Sponsorship Agreement

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Substantiation of Charitable Donations. Sponsor agrees that all Sponsored Program Funds will be reported for federal tax purposes as contributions to Sponsor and further agrees to acknowledge receipt of such Sponsored Program Funds in writing to donors, the Grantor as may be required under federal tax law, and to furnish evidence of Sponsor’s status as an organization qualified under Section 501(c)(3) of by the Code to donors on requestGrantor.

Appears in 1 contract

Samples: Fiscal Sponsorship Agreement

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