Sample Endowment Form Agreement (Primarily For Individuals) (Page 2 of 4) in pdf

Sample Endowment Form Agreement (Primarily For Individuals) Page 2

are commingled for investment purposes and managed in accord with the investment goals,

objectives, and policies of the [recipient organization name].

If in the judgment of the Board of Directors it becomes impossible or impracticable to use the

fund income for the purposes described in this letter, the income may be used in a manner that

the Board of Directors determines will best accomplish your original intent. If this unlikely

situation occurs during your lifetime, the [recipient organization name] will contact you in order

to determine your preferences.

Because the [recipient organization name] is a trust instrumentality of the United States, the

terms of any agreement maybe subject to scrutiny by Congress or any other legally entitled

entity. However [recipient organization name] will protect from disclosure proprietary, financial

or personal information. The [recipient organization name] confirms, for Internal Revenue

Service purposes, that no goods or services have been provided to you in connection with this

gift. You may not transfer to another the recognition of your generosity that the [recipient

organization name] has agreed to provide.

We intend, by this gift, to create a donor/donee relationship. Interpretation of this Agreement is

subject to the laws of the state/commonwealth of [insert state name]. Should modification of this

agreement be necessary, any amendment shall be made in writing and signed by both parties.

This Agreement constitutes our full, mutual understanding concerning this gift. There are no

other agreements or expectations.

The signatures below indicate that these understandings and commitments are accepted by all

parties.

Thank you again. We are very grateful for your generous support and interest in [name of

College/School]

SIGNED FOR THE [RECIPIENT ORGANIZATION NAME]:

SIGNED BY THE

DONOR[S]:

___________________________

_______________________________

[School/College DoD - mandatory]

[Donor name # 1]

____________________________

________________________________

Vice President for External Affairs

[Donor name # 2, if needed]

[recipient organization name]

[required on all agreements]

Sample Endowment Form Agreement (Primarily For Individuals) Page 2