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DONORADVISED FUND AGREEMENT (Endowed) THIS FUND AGREEMENT (Agreement) is made this day of 20 between THE PHILADELPHIA FOUNDATION, a community foundation (Foundation), and (Donors) to establish a donor

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How to fill out donoradvised fund agreement nonendowed

How to fill out a donor-advised fund agreement nonendowed:

01

Start by carefully reading the donor-advised fund agreement for nonendowed funds. Understand the terms and conditions, as well as any specific requirements or restrictions mentioned.

02

Gather all the necessary information and documents. This may include personal identification, contact details, financial information, and any supporting documents related to the intended donation.

03

Fill in the agreement with accurate and complete information. Pay attention to any required fields or sections that need to be completed. Use clear and concise language, avoiding any ambiguity or confusion.

04

Provide details about the nonendowed fund, such as the proposed name, purpose, and any specific instructions or criteria for recommending grants. Include any restrictions or provisions that need to be addressed.

05

If applicable, specify the types of assets that may be contributed to the donor-advised fund, such as cash, stocks, or real estate. Include any relevant transfer instructions or procedures.

06

Consider consulting with a legal or financial advisor if you have any doubts or questions regarding the agreement or the donation process.

Who needs a donor-advised fund agreement nonendowed?

01

Individuals who wish to make charitable contributions and maintain some level of control over the use of their funds.

02

Donors who want to financially support charitable causes over an extended period, by making recommendations for grants from the fund.

03

Nonprofit organizations or community foundations that offer donor-advised fund programs for donors to establish nonendowed funds.

Overall, anyone interested in philanthropy and seeking a flexible approach to charitable giving may consider utilizing a donor-advised fund agreement nonendowed. It provides a structured framework for managing contributions and facilitating grant recommendations while maintaining ongoing involvement and control over the donated funds.

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