This was also included in section 11 of the template for the gift arrangement above. Typical gift agreements provided by the Association of Donor Relations Professionals and Tulsa County. ConservationTools.org, which was managed by the Pennsylvania Land Trust Association, has been very thorough in creating a useful donation manager from the perspective of a conservation organization. You can check here. In addition to the gift, purchase and combination contracts, a standard deposit contract and a standard cooperation contract are offered below. A deposit contract can be used to accept a loan of contracted clay materials, often with the intention that the loan will later be converted into a gift. A cooperation agreement can be used to commemorate a joint project involving both parties, in order to obtain mutual benefits, such as a project. B common scanning of materials that are signed, with a digital copy kept by each party. Philanthropy Works published an article on entry with a gift agreement geared towards a department management perspective. Read it here.
In a donation contract entered the most important details of the relationship of the parties: things like the identity of the parties, a description of the donation and, if you wish, things like the form of receipt that was given and the intended use for the donation. A good donation contract also deals with withdrawal (if the donation can be withdrawn) and cost liability. Look at an example of an example gift deal example from the University of Alabama at Birmingham provided by the Association of Gift Relations Professionals here. It`s up to your organization to take charge of this model and adapt it to your own needs and goals. The resources provided on this page should help you make the model hers. These standard agreements are only used as a reference and do not constitute legal advice. People who wish to enter into similar agreements are advised to turn to a lawyer. According to the Pennsylvania Land Trust Association, a written agreement is needed: this customizable model was created by the Community Foundation of Collier County and slightly modified. Make sure that Section 2 of the model is tailored to the purpose of your gift contract. Other areas to be adapted are in parentheses.
The objectives of your written agreement would probably be: A moral clause or morality clause is a small but important segment that you can add to your gift contracts. A moral clause is used to define certain circumstances that would be inconvenient or detrimental to the reputation and values of an organization. According to Lynne Wester, not-for-profit organizations must protect their organizations from unreasonable risks. Most non-profit organizations depend on the goodwill of the public service to attract donors. A close relationship with someone whose name has been severely damaged can damage the reputation of the non-profit organization and its ability to gain support. Here is an example of Lynne Wester`s language at Donor Relations Guru so that you have checked through your general counsel and have it in place in your donation contract: “A donation agreement [or gift] can be used, To ensure that a donor`s promise can be abandoned, note donor and donor expectations and avoid misunderstandings.” – ConservationTools.org , Pennsylvania Land Trust Association This document can be used for a business or person preparing to make a donation to a non-profit organization organized pursuant to Section 501 (c) (3) of the Internal Revenue Code.