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This form is intended for businesses, organizations, nonprofits, and other entities to authorize individuals to act on their behalf in connection with the U.S. Charitable Gift Trust. It includes sections for donor information, authorized persons, and the necessary certifications and signatures needed to ensure compliance and accountability.

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What is entity authorization and indemnification?

Entity authorization and indemnification refer to the legal processes that allow an entity, such as a corporation or limited liability company, to authorize specific individuals to act on its behalf, while also providing indemnification, which protects those individuals from certain liabilities incurred during their authorized actions.

Who is required to file entity authorization and indemnification?

Typically, the entity itself, such as a corporation or LLC, is required to file the authorization and indemnification documents when appointing individuals as authorized agents or representatives.

How to fill out entity authorization and indemnification?

To fill out the entity authorization and indemnification, one must provide details such as the name of the entity, the names of the individuals being authorized, the scope of their authority, the terms of indemnification, and any relevant dates.

What is the purpose of entity authorization and indemnification?

The purpose of entity authorization and indemnification is to formally designate individuals who can act for the entity and to protect those designated individuals from personal liability while performing their authorized duties.

What information must be reported on entity authorization and indemnification?

The information that must typically be reported includes the entity's legal name, the names of the authorized individuals, the extent of their authority, the indemnification terms, and signatures from authorized representatives of the entity.