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Agreement For Donation

An organization may want a donation agreement to protect it from these vulnerabilities. Here`s an example of Lynne Wester`s language from Donor Relations Guru that you can have checked by your general counsel and then have in your gift agreement: a donation agreement can be used to ensure that a donor`s promise is reliable, determine the expectations of both the donor and the donor, and avoid any misunderstandings. The donation agreement may contain a provision that the donation is returned to the donor if the money provided or other object delivered has never become the property of the entity. For example, here is an example of a gift contract for real estate created by Tulsa County. A gift or donation agreement, which should not be confused with a gift acceptance policy, is specifically intended to spell out and document what the donor expects and what the nonprofit has committed to do. Any gift that reaches the primary gift status set by your organization should require a gift agreement, including at the monthly gift level. A thorough gift deal can ensure that your nonprofit and the donor are on the same side and agree with the different aspects of the main gift. Gift agreements are made and signed to avoid any misunderstandings and show your donor that you are interested and that he is appreciated and important. A donor might be offended by a request for a donation agreement forming his promise, believing that such a request calls into question his reliability or financial capacity. . .