Endowment Gift Agreement Sample Contracts

Endowment Gift Agreement between [donor(s)]
Endowment Gift Agreement • February 10th, 2015 • Arizona

This endowment gift agreement made this [day] day of [month], [year], sets forth the entire understanding between [donor] (the “Donor”) and the University of Arizona (the “University”), with respect to the University’s administration of the [endowment/fund name] (the “Fund”). The University is an agency of the State of Arizona and, as such, is exempt from income tax under Section 115 of the Internal Revenue Code. Deductions for contributions to the University are allowed by Section 170(c)(1) of the Code.

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.