Sample Endowment Gift Agreement

Here is a model gift scheme created for real estate by Tulsa County. This customizable model was created by the Community Foundation of Collier County and has been slightly modified. Make sure that Section 2 of the model is tailored to the purpose of your gift contract. Other areas to be adapted are in parentheses. Philanthropy Works published an article on entry with a gift agreement geared towards a department management perspective. Read it here. Look at an example of an example gift deal example from the University of Alabama at Birmingham provided by the Association of Gift Relations Professionals here. The objectives of your written agreement would probably be as follows: a donation contract that should not be confused with a gift acceptance policy is expressly intended to spell and document what the donor expects and what the non-profit organization undertakes to do. Any gift that reaches the most important gift status defined by your organization should require a gift agreement, even at the monthly donation level. A full donation agreement can ensure that your non-profit organization and donor are on the same side and match the various aspects of the main gift. Gift contracts are concluded and signed to avoid misunderstandings and show your donor that you are interested and appreciated and important. Typical gift agreements provided by the Association of Donor Relations Professionals and Tulsa County.

A moral clause or moral clause is a small but important segment that you can add to your gift contracts. A moral clause is used to define certain circumstances that would be inconvenient or detrimental to the reputation and values of an organization. According to Lynne Wester, not-for-profit organizations must protect their organizations from unreasonable risks. Most non-profit organizations depend on the goodwill of the public service to attract donors. A close relationship with someone whose name has been severely damaged can damage the reputation of the non-profit organization and its ability to gain support. Some other questions and points from Philanthropy Works to consider when developing your formal written agreement: Here is an example of Lynne Wester`s language at Donor Relations Guru so that you have verified by your general opinion and are present in your gift agreement: this resource contains useful information on why a gift agreement may be necessary and important. and how to start with you. The following section, entitled `Gift Template Agreement`, contains a gift agreement that has been modelled by an agreement established by the Community Foundation of Collier County.

The AICPA.org play is part of a reflection here in the negotiation and development of gift contracts. If, at any time, the donor or his name may affect the public trust or reputation of the organ, including moral turbulence, the organ has the right, with the agreement of the board of directors, to remove the name or to return the gift. This was also included in section 11 of the template for the gift arrangement above. Here`s another morality clause from Adam Scott Goldberg in the Florida Bar Journal: ConservationTools.org, run by the Pennsylvania Land Trust Association, was very thorough in creating a useful fundraising guide from the perspective of a conservation organization.