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DISCRETIONARY SCHOLARSHIP ENDOWMENT FUND AGREEMENT BETWEEN LEGACY FOUNDATION, INC., AND (DONORS) THIS AGREEMENT (the Agreement) is made and entered into as of, 20, by and between Legacy Foundation,

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What is donor advised endowment fund?

A donor advised endowment fund is a fund established by a donor to support charitable organizations, where the donor retains advisory privileges over the distribution of funds.

Who is required to file donor advised endowment fund?

Typically, the organization managing the donor advised endowment fund is responsible for filing the necessary forms with the appropriate regulatory authorities.

How to fill out donor advised endowment fund?

To fill out a donor advised endowment fund, the organization must provide information about the fund's contributions, distributions, and any advisory privileges granted to donors.

What is the purpose of donor advised endowment fund?

The purpose of a donor advised endowment fund is to provide donors with a structured way to support charitable causes while retaining some control over how their donations are used.

What information must be reported on donor advised endowment fund?

Information that must be reported on a donor advised endowment fund includes contributions, distributions, investment income, and any advisory privileges granted to donors.

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