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FUND NAME HERE FUND AGREEMENT Designated Endowed Fund THIS AGREEMENT, made this day of, 200, by and between (the Donors) and the What com Community Foundation (the Foundation), a Washington nonprofit
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How to fill out a designated nonendowed fund agreement:

01
Start by obtaining the designated nonendowed fund agreement form from the relevant organization or institution.
02
Read through the entire agreement carefully to ensure you understand the terms and conditions.
03
Fill in your personal information, such as your name, address, and contact details, in the designated sections of the agreement.
04
Provide the details of the designated nonendowed fund, including the name of the fund and its purpose.
05
Specify the initial amount or assets you are contributing to the fund.
06
Indicate any specific restrictions or conditions you would like to place on the use of the funds.
07
If applicable, include the names and contact details of any co-contributors or beneficiaries involved in the fund.
08
Review all the information provided in the agreement to ensure accuracy and completeness.
09
Sign and date the agreement at the designated spaces.
10
Make copies of the filled agreement for your records and submit the original to the relevant organization or institution.

Who needs a designated nonendowed fund agreement?

01
Donors who wish to establish a fund to support a specific cause or purpose.
02
Nonprofit organizations or charitable institutions that require a formal agreement to accept and manage designated nonendowed funds.
03
Individuals or entities looking to contribute a substantial amount of money or assets to ensure their donation is used according to their specific intentions and instructions.
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A designated nonendowed fund agreement is a legal document that specifies how a donation or fund is to be used by a non-profit organization.
Non-profit organizations who receive designated nonendowed funds are required to file the agreement.
The agreement should be filled out with details of the donation, its purpose, and how it will be utilized by the organization.
The purpose of the agreement is to ensure that the donation is used for its intended purpose and in accordance with the donor's wishes.
The agreement should include details of the donor, the amount donated, the purpose of the donation, and any specific conditions or restrictions.
The penalty for late filing can vary depending on the regulations in place, but may result in fines or other consequences for the non-profit organization.
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