Sample Charitable Donation Agreement
Here`s another morality clause from Adam Scott Goldberg in the Florida Bar Journal: AICPA.org s piece here plunges into thinking about negotiating and crafting gift contracts. Philanthropy Works published an article on entry with a gift agreement geared towards a department management perspective. Read it here. 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. This resource contains useful information on why a gift deal may be necessary and important and how you can start with an agreement. 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. If you have chosen to make a donation to a charity, either as a lump sum or in installments, you can use a charitable agreement to formalize your pledge or a number of donations.
You can also use this document to ensure you get some kind of recognition for your generosity, such as listing on a donor list or a tagged plaque or portrait in the charity`s office. 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. If, at any time, the donor does not behave himself without proper consideration of public morality and decency, or if the donor commits an act or is involved in a situation, or if an event tends to degrade the donor in the Community, or which places the donor in public contempt or a public scandal or which seriously and negatively carries the reputation or activity of the charity , whether information is made public or not, the charity has the right to withdraw the donor`s recognition rights, as required by this donation contract. 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. Often the spirit of giving comes with a little paperwork. A not-for-profit deposit contract is a useful tool when you give money to a non-profit organization.
You may agree to make an ongoing donation or a one-time payment. In both cases, you can use this agreement to help you manage your financial records. And if you run a non-profit organization and you just sealed the agreement with a generous donor, you can also use that document. A charitable contract can help everyone get organized.