Charitable Pledge Agreement Template
Here is an example of a gift contract for real estate that was created by Tulsa County. Charities and non-profit organizations rely heavily on their constituents` contributions to financial aid. Donations have many forms, from ticket sales to subscriptions to fundraising auctions. However, benefactors often make large gifts by pledges that, after death, are honored by their trusts or remittances. Depending on the amount of the pledge, an organization may include it as an asset in its publicly available financial reports and rely on it for planning and budgeting purposes. But is a promise of public utility legally enforceable if the donor`s agent or personal representative refuses to keep it? This customizable template was created by the Community Foundation of Collier County and has been slightly modified. Be sure to customize section 2 in the template according to the purpose of your gift agreement. Other areas to be adapted are in parentheses. Often, the spirit of giving comes with a little paperwork. A non-profit deposit contract is a useful tool if you are giving money to a non-profit organization. Perhaps you are committed to making an ongoing donation or a one-time payment. In any case, with this agreement you can contribute to the maintenance of your financial documents.
And if you run a nonprofit and you`ve just made the deal with a generous donor, you can use this document as well. A non-profit deposit agreement can help anyone get organized. Other names of this document: Charitable Donation Agreement, Charitable Pledge Contract The reformulation (second) of contracts, to which many courts are addressed, goes beyond the relaxation of traditional contractual requirements and provides that public benefit commitments are binding without consideration or unfavorable confidence.v This view has been taken up in at least two States for reasons of public order: “The real basis for implementing a nonprofit subscription is one of the public orders – the application of a nonprofit subscription is a desirable social goal.” vi Nonprofits should dispel fears about negative publicity and relationships with donors on a case-by-case basis. Non-profit and non-profit organisations are generally concerned about potentially negative publicity resulting from a dispute over the applicability of a pledge of public utility. This is a factual issue that needs to be addressed on a case-by-case basis.