Here`s an example of Lynne Wester`s language from Donor Relations Guru, which you can have checked by your general counsel and then have in your gift agreement: This resource contains useful information about why a gift agreement may be necessary and important and how to start with a gift agreement. The next section, titled “*Gift Contract Template,” contains a gift agreement with presentation, which is based on an agreement established by the Community Foundation of Collier County. Here are some examples of gift agreements: these are just examples. Each gift convention must be individual to meet the particularities of your situation. On these pages you will find more information about gift agreements: the days of “Take my money and do whatever you want” are fortunately behind us. Our charities do so much more when we have real partnerships with our donors, because they have so much more to offer us than just their financial support. However, this more engaged relationship requires that we carefully present and document what the donor expects and that the charity is committed to doing so. Gift agreements, often referred to as declarations of intent, are explicitly used to achieve both objectives. This customizable template was created by the Community Foundation of Collier County and has been slightly modified. Be sure to customize section 2 in the template according to the purpose of your gift agreement. Other areas to be adapted are in parentheses. if, at any time, the donor fails to behave without regard to public morals and decency, or when the donor commits an act or is involved in a situation, or event that tends to humiliate the donor in the community, or that offends the donor in public contempt or scandal or seriously damages the reputation or activities of the charitable organization; Whether or not the information is made public, the charity has the right to withdraw the donor`s recognition rights under this donation agreement. “A gift agreement [or gift agreement] can be used to ensure that a donor`s promise is reliable, that the expectations of the donor and donor are determined, and that misunderstandings are avoided.
” – ConservationTools.org, Pennsylvania Land Trust Association If the donor or his name may, at any time, compromise the trust or reputation of the public of the institution, including moral actions of turpitude. n the institution, with the agreement of the Board of Directors, shall have the right to withdraw the name or return the gift. It is also understood and agreed that the funds received may be invested by a third party who best determines the investment opportunities of this fund (see point #4 below). The Foundation`s spending policy will be the guideline defined and approved by the Board of Directors [your organization], which will likely only cover the use of annual savings income and will not enter into the Fund`s capital in order to preserve and maintain growth. . . .