If you have decided to donate to a charity, either as a lump sum or in several instalments, you can use a non-profit deposit agreement to formalize your promise of a donation or series of donations. You. Read More This document can be used for a business or person who is preparing to make a donation to a non-profit organization organized under Section 501(c)(3) of the Internal Revenue Code. In this document, the form filler can enter the relevant identification details, para. B example if the parties are individuals or companies, their contact details and, of course, all the details of the donation, including their monetary value. *This has also been included in section 11 of the gift contract template above. ConservationTools.org, which is administered by the Pennsylvania Land Trust Association, has been very careful in creating a useful guide to donation agreements from the perspective of a conservation organization. You can check it here. “A gift agreement [or donation] can be used to ensure that one can rely on a donor`s promise, set the expectations of the donor and receiver, and avoid misunderstandings.” – ConservationTools.org, Pennsylvania Land Trust Association AICPA.org, looks at considerations in negotiating and drafting gift contracts. Donation agreements in the United States are subject to the Internal Revenue Code, which is overseen by the Internal Revenue Service (IRS). Specifically, Section 501(c)(3) of the Internal Revenue Code covers non-profit organizations. Here`s another example of Adam Scott Goldberg`s moral clause from the Florida Bar Journal: Here`s an example of Lynne Wester`s language of Donor Relations Guru that you should have reviewed by your general counsel and then had in your gift agreement: Here`s an example of a real estate gift contract created by Tulsa County. These model contracts are provided for reference purposes only and do not constitute legal advice.

People who wish to make similar arrangements are advised to consult a lawyer. Check out an example of a gift contract for the University of Alabama at Birmingham provided by the Association of Donor Relations Professionals. Examples of donation agreements provided by the Association of Donor Relations Professionals and Tulsa County. Some additional questions and points from Philanthropy Works that you should consider when creating your formal written agreement: In addition to donation, purchase, and gift/purchase combination contracts, below is an example of a deposit agreement and an example of a cooperation agreement. A pawn contract can be used to accept a loan of recorded audio material, often with the intention that the loan is then converted into a gift. A cooperation agreement can be used to commemorate a joint project in which both parties participate in order to achieve mutual benefit. B, for example, a project for the joint digitisation of recorded sound documents, with a digital copy kept by each party. Often, the spirit of giving comes with a little paperwork. A non-profit pledge agreement is a useful tool when donating money to a nonprofit. Perhaps you are committed to making a continuous donation or a one-time payment. In any case, with this agreement, you can help keep your financial records.

And if you run a nonprofit and you`ve just made a deal with a generous donor, you can use this document as well. A charitable pledge agreement can help anyone stay organized. Other names for this document: Charitable Donation Agreement, Charitable Pledge Agreement If, at any time, the donor does not behave without due regard to public morality and decency, or if the donor commits an act or becomes involved in a situation or event that tends to humiliate the donor in the community, or if the donor is involved in a public outrage or scandal, or that materially and negatively harms the charity`s reputation or business, whether or not the information becomes public, the charity has the right to withdraw the donor`s recognition rights under this donation agreement. A donation or donation agreement, not to be confused with a donation acceptance policy, is specifically designed to explain and document what the donor expects and what the nonprofit is committed to. .