Common use of Xxxxxx of Future Contributions Clause in Contracts

Xxxxxx of Future Contributions. □ Unknown □ None expected □ Additional contributions by Donors other than the Opening Donor are expected to be funded concurrently with the initial contribution. Please describe on additional pages. □ Additional contributions are expected from time to time through fundraising efforts (see the section of this Agreement entitled “Fundraising” for additional details). □ Additional contributions are expected later by the Opening Donor or by other Donors (other than through fundraising) on the following estimated timetable (if known): Type of Fund Complete this section to address whether the Gift Fund will be a permanent fund with the Foundation. Please choose whether the Gift Fund will be Endowed or Non-Endowed. Please refer to The Charitable Giving Guide for further information. □ 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 distribution. Choose this Gift Fund if the Donor is interested in establishing a permanent legacy by providing continuing support for the charitable purposes of the Gift Fund. □ Non-Endowed (please initial) A Non-Endowed Gift Fund is fully available for distribution at any time. The nature of the investment instruments may vary depending on the balance and anticipated time frame for distributions. Choose this Gift Fund if interested in maintaining maximum flexibility in terms of timing of distributions. Acknowledgement and Anonymity Please check applicable boxes below, if any. Unless you indicate below that you wish for all grants from the Gift Fund to be made anonymously, each grant distribution from the Gift Fund will include the name of the Gift Fund, and the name and address of the Advisor(s) recommending the grant so that the charity may send an acknowledgement □ Check here if all grants from the Gift Fund are to be made anonymously. Otherwise, the Advisor(s) (described in this Agreement) may contact the Finance & Donor Relations Team if occasional anonymous grants should be made from the Gift Fund. □ Check here if the Opening Donor’s association with the Gift Fund should remain anonymous. □ Check here if the Opening Donor does not wish to authorize the Foundation to use the name of the Gift Fund in the Foundation’s communication materials. Allowing the Foundation to do so will not only recognize the Gift Fund’s existence but will also encourage others to follow the example of the Donors to the Gift Fund. Spendable Amount If the Gift Fund is Endowed, please read this section and furnish the responses requested below. A. Determination of annual spendable amount. B. If value of fund falls below historic dollar value.

Xxxxxx of Future Contributions. □ Unknown □ None expected □ Additional contributions by Donors other than the Opening Donor are expected to be funded concurrently with the initial contribution. Please describe on additional pages. □ Additional contributions are expected from time to time through fundraising efforts (see the section of this Agreement entitled “Fundraising” for additional details). □ Additional contributions are expected later by the Opening Donor or by other Donors (other than through fundraising) on the following estimated timetable (if known): Type of Fund Complete this section to address whether the Gift Fund will be a permanent fund with the Foundation. Please choose whether the Gift Fund will be Endowed or Non-Endowed. Please refer to The Charitable Giving Guide for further information. □ 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 distribution. Choose this Gift Fund if the Donor is interested in establishing a permanent legacy by providing continuing support for the charitable purposes of the Gift Fund. □ Non-Endowed (please initial) A Non-Endowed Gift Fund is fully available for distribution at any time. The nature of the investment instruments may vary depending on the balance and anticipated time frame for distributions. Choose this Gift Fund if interested in maintaining maximum flexibility in terms of timing of distributions. Acknowledgement and Anonymity Please check applicable boxes below, if any. Unless you indicate below that you wish for all grants from the Gift Fund to be made anonymously, each grant distribution from the Gift Fund will include the name of the Gift Fund, and the name and address of the Advisor(s) recommending the grant so that the charity may send an acknowledgement □ Check here if all grants from the Gift Fund are to acknowledgement. If you do not select an option below, you may still request a grant be made anonymouslyanonymously at the time of the grant recommendation. Otherwise, the Advisor(s) (described in this Agreement) may contact the Finance & Donor Relations Team if occasional anonymous grants should be made from □ Do not display the Gift Fund. ’s name with each grant distribution.* □ Check here if Do not display the Opening DonorFund Advisor’s association name and address with the Gift Fund should remain anonymous. each grant distribution.* □ Check here if the Opening Donor does Do not wish to authorize the Foundation to use the name of the Gift Fund in the Foundation’s communication published materials. Allowing the Foundation to do so will not only recognize the Gift Fund’s existence but will also encourage others to follow the example of the Donors to the Gift Fund. Spendable Amount If the Gift Fund is Endowed, please read this section and furnish the responses requested below. A. Determination of annual spendable amount. B. If value of fund falls below historic dollar value.

Xxxxxx of Future Contributions. □ Unknown □ None expected □ Additional contributions by Donors other than the Opening Donor are expected to be funded concurrently with the initial contribution. Please describe on additional pages. □ Additional contributions are expected from time to time through fundraising efforts (see the section of this Agreement entitled “Fundraising” for additional details). □ Additional contributions are expected later by the Opening Donor or by other Donors (other than through fundraising) on the following estimated timetable (if known): Type Professional Advisor Please provide contact information for any legal, financial, tax or estate planning professional advisors that have been involved with the planning and establishment of Fund Complete this section to address whether the Gift Fund. NAME OF PROFESSIONAL FIRM NAME MAILING ADDRESS DAYTIME PHONE CITY STATE ZIP E-MAIL □ Attorney □ Accountant □ Financial/Investment Advisor □ Insurance Advisor Did this professional advisor refer you to Foundation For The Carolinas? □ Yes □ No Should this professional advisor receive “view only” online access to the Gift Fund? □ Yes □ No If there are other professional advisors whose contact information the Foundation should have in relation to the Gift Fund, please furnish contact information in an attachment to this Agreement. Endowed Gift Fund will be Please confirm the intent to create a permanent fund with the Foundation. Please choose whether the Endowed Gift Fund will be Endowed or Non-Endowed. Please refer to The Charitable Giving Guide for further informationFund. □ 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 distribution. Choose this Gift Fund if the Donor is interested in establishing a permanent legacy by providing continuing support for the charitable purposes of the Gift Fund. □ Non-Endowed (please initial) A Non-Endowed Gift Fund is fully available for distribution at any time. The nature of the investment instruments may vary depending on the balance and anticipated time frame for distributions. Choose this Gift Fund if interested in maintaining maximum flexibility in terms of timing of distributions. Acknowledgement and Anonymity Please check applicable boxes below, if any. Unless you indicate below that you wish for all grants from the Gift Fund to be made anonymously, each grant distribution from the Gift Fund will include the name of the Gift Fund, and the name and address of the Advisor(s) recommending the grant so that the charity may send an acknowledgement □ Check here if all grants from the Gift Fund are to be made anonymously. Otherwise, the Advisor(s) (described in this Agreement) may contact the Finance & Donor Relations Team if occasional anonymous grants should be made from the Gift Fund. □ Check here if the Opening Donor’s association with the Gift Fund should remain anonymous. □ Check here if the Opening Donor does not wish to authorize the Foundation to use the name of the Gift Fund in the Foundation’s communication materials. Allowing the Foundation to do so will not only recognize the Gift Fund’s existence but will also encourage others to follow the example of the Donors to the Gift Fund. Spendable Amount If the Gift Fund is Endowed, please Please read this section and furnish the responses requested below. A. Determination of annual spendable amount. B. If value of fund falls below historic dollar value.