Alternative Distribution Plan. If the Donor wishes to specify a plan for making distributions from the Gift Fund other than the Spendable Amount as described above, please discuss the plan with Foundation staff and attach an outline of it as an addendum to this Agreement.
Alternative Distribution Plan. If the Donor wishes to specify a plan for making distributions from the Gift Fund other than the Spendable Amount as described above, please discuss the plan with Foundation staff and attach an outline of it as an addendum to this Agreement. Investments The Foundation is pleased to offer a variety of investment pools for Gift Funds. All investment pools are reviewed by the Foundation’s Investment Committee. Please complete Addendum I – Gift Fund Investment Recommendation Form – to select an investment pool. FFTC offers investment options that span the risk-return spectrum from conservative allocations to more growth oriented investment pools. For investment pool descriptions and information on performance, visit xxx.xxxx.xxx/xxxxx. If you do not select an investment pool, the Foundation will place Non-Endowed Funds into the Liquid Reserves Pool and Endowed Funds into the Endowed Diversified Long-Term Growth Pool. Affiliation Please indicate the primary Foundation affiliate with which the Gift Fund should be associated, if any. □ None/unaffiliated (generally associated with the Foundation) Supporting Organizations □ The Greater Charlotte Cultural Trust □ Foundation For the Charlotte Jewish Community □ United Way Legacy Foundation □ Xxxxxxxxx Xxxxxxxxxxx Library Foundation Geographic Affiliation – North Carolina □ Cabarrus County Community Foundation □ Xxxxxxxxx Xxxxxxxxxxx Community Foundation □ Cleveland County Community Foundation □ Iredell County Community Foundation □ Lexington Area Community Foundation □ Lincoln County Community Foundation □ The Xxxx Foundation (Richmond County) □ Xxxxxxxxx-Xxxxx Community Foundation □ Stanly County Community Foundation □ Union County Community Foundation Geographic Affiliation – South Carolina □ Cherokee County Community Foundation □ Lancaster County Community Foundation □ York County Community Foundation □ Other
Alternative Distribution Plan. If the Donor wishes to specify a plan for making distributions from the Gift Fund other than the Spendable Amount as described above, please discuss the plan with Foundation staff and attach an outline of it as an addendum to this Agreement. Investments The Foundation is pleased to offer a variety of investment pools for Gift Funds. All investment pools are reviewed by the Foundation’s Investment Committee. Please complete Addendum I – Gift Fund Investment Recommendation Form – to select an investment pool. FFTC offers investment options that span the risk-return spectrum from conservative allocations to more growth oriented investment pools. For investment pool descriptions and information on performance, visit xxx.xxxx.xxx/xxxxx. If you do not select an investment pool, the Foundation will place Non-Endowed Funds into the Liquid Reserves Pool and Endowed Funds into the Endowed Diversified Long-Term Growth Pool. Fund Advisors Please designate Advisors to the Gift Fund. One or more Donors or other designated Advisors may offer to the Foundation appropriate recommendations of grants and distributions from the Gift Fund. Such recommendation rights may be allowed or terminated from time to time in the exclusive discretion of the Foundation’s Board of Directors in order to ensure compliance with applicable federal or state laws that govern the operation and administration of such funds. Such laws require that the final grantmaking and investment authority and discretion for the Gift Fund are vested in the Foundation.
Alternative Distribution Plan. If the Agency wishes to specify a plan for making distributions from the Agency Fund other than the Spendable Amount as described above, please discuss the plan with Foundation staff and furnish an outline of it as an addendum to this Agreement.
Alternative Distribution Plan. If the Donor wishes to specify a plan for making distributions from the Scholarship Fund other than the Spendable Amount as described above, please discuss the plan with Foundation staff and attach an outline of it as an addendum to this Agreement. Investments The Foundation is pleased to offer a variety of investment pools for Scholarship Funds. All investment pools are reviewed by the Foundation’s Investment Committee. Please complete Addendum I – Gift Fund Investment Recommendation Form – to select an investment pool. FFTC offers investment options that span the risk-return spectrum from conservative allocations to more growth oriented investment pools. For investment pool descriptions and information on performance, visit xxx.xxxx.xxx/xxxxx. If you do not select an investment pool, the Foundation will place the Scholarship Fund into the Endowed Diversified Long-Term Growth Pool. Scholarship Information Please provide detailed information to guide the Scholarship Committee in its grants from the Scholarship Fund. The Internal Revenue Code (the “Code”) requires that all grants from the Scholarship Fund are awarded on an objective and nondiscriminatory basis and that the Scholarship Fund’s procedures for awarding such grants be consistent with traditional scholarship requirements and principles as described in the Code. Please refer to The Charitable Giving Guide for more information. (please initial) I have received and reviewed a copy of The Charitable Giving Guide outlining the Scholarship Polices and Procedures With these Code requirements in mind, please provide general guidelines as to how the scholarships to be granted by the Scholarship Fund should be awarded.
Alternative Distribution Plan. If the Donor wishes to specify a plan for making distributions from the Gift Fund other than the Spendable Amount as described above, please discuss the plan with Foundation staff and attach an outline of it as an addendum to this Agreement. Space intentionally left blank. Custom Services Custom philanthropic services are specifically designed services including board or committee management, consultation, grant program facilitation, and more. While typically the advisory privileges for Field of Interest Funds are given to the Foundation, donors may request FFTC to consult with family or non-family advisors with respect to grant distributions in order to implement the philanthropic legacy of the opening donor(s). This may be facilitated through FFTC’s custom service platform whereby the Foundation team administers annual grantmaking through advisory groups or committees. Please discuss your preferences with a member of the Philanthropic Advancement Team to outline the services and associated fees in an addendum to this agreement. Please note that generally donor-appointed advisors may serve for a period not to exceed 20 years following the establishment of the Gift Fund, after which time the advisory privileges revert to FFTC. If custom services have been discussed with and approved by the Gift Fund, then an authorized Foundation Staff member should check the box and initial below. Please discuss with the Foundation’s Philanthropic Advancement Team and attach an addendum listing the agreed custom services and pricing schedule. If custom services have been discussed with and approved for the Gift Fund, then an authorized Foundation Staff member should check the box and initial below. □ Custom services approved (FFTC initial) Fundraising The Foundation may, under certain very limited circumstances, agree to provide administrative support for fundraising activities for a Gift Fund. If the Donor desires fundraising activities to be conducted in connection with the Gift Fund established under this Agreement, then prior approval of Foundation Staff and additional documentation are required. If fundraising activities have been discussed with and approved for the Gift Fund, then an authorized Foundation Staff member should check the box and initial below. □ Fundraising approved (FFTC initial) Investments The Foundation is pleased to offer a variety of investment pools for Gift Funds. FFTC offers a cost-effective expertly managed investment platform designed to add...
Alternative Distribution Plan. If the Donor wishes to specify a plan for making distributions from the Gift Fund other than the Spendable Amount as described above, please discuss the plan with Foundation staff and attach an outline of it as an addendum to this Agreement. Space intentionally left blank. Referral Who referred you to Foundation For The Carolinas? Referral Source: Street City State Zip Code Email: Phone Number: Fund Advisors Please designate Advisors to the Gift Fund. Advisors may offer recommendations of grants and grants from the Gift Fund. Applicable law requires that the final grantmaking and investment authority and discretion for the Gift Fund are vested with the Foundation. Recommendations are subject to the policies and discretion of the Foundation in order to ensure compliance with applicable laws.
Alternative Distribution Plan. If the Donor wishes to specify a plan for making distributions from the Scholarship Fund other than the Spendable Amount as described above, please discuss the plan with Foundation staff and attach an outline of it as an addendum to this Agreement. Space intentionally left blank. Scholarship Information Please provide detailed information to guide the Scholarship Committee in its grants from the Scholarship Fund. The Internal Revenue Code (the “Code”) requires that all grants from the Scholarship Fund are awarded on an objective and nondiscriminatory basis and that the Scholarship Fund’s procedures for awarding such grants be consistent with traditional scholarship requirements and principles as described in the Code. Please refer to the Charitable Giving Guide for more information. (please initial) I have received and reviewed an electronic copy of the Charitable Giving Guide outlining the Scholarship Polices and Procedures With these Code requirements in mind, please provide general guidelines as to how the scholarships to be granted by the Scholarship Fund should be awarded.
Alternative Distribution Plan. If the Donor wishes to specify a plan for making distributions from the Gift Fund other than the Spendable Amount as described above, please discuss the plan with Foundation staff and attach an outline of it as an addendum to this Agreement. Fund Advisors Please designate Advisors to the Gift Fund. One or more Donors or other designated Advisors may offer to the Foundation appropriate recommendations of grants and distributions from the Gift Fund. Such recommendation rights may be allowed or terminated from time to time in the exclusive discretion of the Foundation’s Board of Directors in order to ensure compliance with applicable federal or state laws that govern the operation and administration of such funds. Such laws require that the final grantmaking and investment authority and discretion for the Gift Fund are vested in the Foundation. Please indicate a preference for whether Advisors should be designated: □ No Advisors – the Foundation should use its exclusive discretion in administering the Gift Fund’s distributions and investments. □ Advisors are designated below:
Alternative Distribution Plan. If the Agency wishes to specify a plan for making distributions from the Agency Fund other than the Spendable Amount as described above, please discuss the plan with FFTC staff and furnish an outline of it as an addendum to this Agreement.
