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AGENCY/ORGANIZATION ENDOWMENT FUND AGREEMENTSECTION A:LEGAL Agreements document establishes an Agency/organization Endowment Fund (AEN) within the Community Foundation of Tompkins County, a nonprofit
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An agency/organization endowment fund agreement is a legal document that establishes the terms and conditions for the creation and management of an endowment fund by a specific agency or organization.
The agency or organization responsible for managing the endowment fund is required to file the agreement.
The agreement can be filled out by including details about the purpose of the fund, governing provisions, fund management structure, and other relevant information.
The purpose of the agreement is to provide a legal framework for the establishment and management of an endowment fund, ensuring that the fund is used and managed appropriately.
Information such as the fund's purpose, investment strategy, distribution policy, governance structure, and management fees must be reported on the agreement.
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