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SAMPLE AGREEMENT FORM DESIGNATED FUND On this date, ___, 201_, and with this agreement (Agreement), ___(Donor), makes an irrevocable gift of $___ to the Hampton Roads Community Foundation (HRC For
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How to fill out designated fund agreement

How to fill out designated fund agreement
01
Step 1: Obtain a designated fund agreement template.
02
Step 2: Read the template carefully to understand its terms and conditions.
03
Step 3: Fill in the required information, such as the names of the parties involved and the purpose of the designated fund.
04
Step 4: Specify the amount or percentage of funds to be designated and any specific instructions for its use.
05
Step 5: Review the completed agreement for accuracy and clarity.
06
Step 6: Sign and date the designated fund agreement.
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Step 7: Keep a copy of the agreement for your records and provide copies to the relevant parties involved.
Who needs designated fund agreement?
01
Nonprofit organizations or charitable institutions that receive and manage funds for specific purposes may need a designated fund agreement.
02
Individuals or entities who wish to establish a designated fund for specific charitable or philanthropic causes may also require this agreement.
03
Donors who want to ensure their contributions are used for specific purposes or beneficiaries may use designated fund agreements.
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What is designated fund agreement?
A designated fund agreement is a legal document that outlines the terms and conditions of a fund that is established for a specific purpose or project.
Who is required to file designated fund agreement?
Non-profit organizations and charities are typically required to file designated fund agreements.
How to fill out designated fund agreement?
Designated fund agreements can be filled out by providing information about the purpose of the fund, the parties involved, and any restrictions or conditions.
What is the purpose of designated fund agreement?
The purpose of a designated fund agreement is to ensure that funds are used for their intended purpose and to provide accountability and transparency.
What information must be reported on designated fund agreement?
Information such as the name of the fund, its purpose, the parties involved, any restrictions or conditions, and the intended use of the funds must be reported on a designated fund agreement.
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