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AGREEMENT BETWEEN WASHINGTON COUNTY COMMUNITY FOUNDATION, INC. (hereinafter, Foundation) and NAME OF DONORS (hereinafter, Donors) 1. A permanent fund shall be established on the books of the Foundation
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01
Determine the purpose of the permanent designated agency fund.
02
Gather all relevant financial information and documents.
03
Obtain the necessary forms or templates for setting up the fund.
04
Fill out all required fields in the forms accurately.
05
Review the completed forms for any errors or missing information.
06
Submit the forms to the appropriate agency or organization for approval.
07
Keep a copy of the completed forms for your records.

Who needs permanent designated agency fund?

01
Nonprofit organizations looking to set aside funds for a specific purpose in perpetuity.
02
Government agencies interested in creating a fund that will provide ongoing support for a particular program or cause.
03
Charities wanting to ensure long-term financial stability by establishing a designated fund that cannot be used for any other purpose.
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Permanent designated agency fund is a fund set up to support specific projects or purposes within an organization on a long-term basis.
Nonprofit organizations and government agencies are required to file permanent designated agency fund.
Permanent designated agency fund can be filled out by providing detailed information about the fund, its purpose, assets, and financial activities.
The purpose of permanent designated agency fund is to ensure that the funds are used for specific projects or purposes and are not diverted for other expenses.
Information such as the fund's balance, income, expenses, investments, and any restrictions on the use of the funds must be reported on permanent designated agency fund.
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