Common use of Alternative Distribution Plan Clause in Contracts

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 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.