TESTAMENTARY FUND AGREEMENTTestamentary Fund Agreement • April 1st, 2019
This Agreement ("AGREEMENT") is made this day of , 20 , between the COMMUNITY FOUNDATION OF BROWARD, INC., a Florida nonprofit corporation ("FOUNDATION"), and ("DONOR”), to create an endowed unrestricted Fund ("FUND") of the FOUNDATION through the last will and testament, or other testamentary plans of the DONOR. However, the DONOR reserves the right to rescind and revoke this AGREEMENT at any time prior to FUND being seeded with a gift or estate gift upon the death of the DONOR. The DONOR reserves the right to activate the FUND at any time during his or her lifetime. All persons and ORGANIZATIONs making contributions to this FUND shall be bound by the terms of this AGREEMENT. All gifts to the FUND are irrevocable.
