Component Fund Clause Samples
Component Fund. The Fund shall be a component fund and part of the Foundation as defined in Treasury Regulations, and assets of the Fund will, at all times, be the property of the Foundation. Nothing in this Agreement shall affect the status of the Foundation as an Organization (i) described in section 501 (c)(3) of the Internal Revenue Code of 1986 ("Code") and (ii) which is not a private foundation within the meaning of section 509(a) of the Code. This Agreement shall be interpreted in a manner consistent with the foregoing intention and conform with the requirements of the foregoing provisions of the Federal tax laws and any regulations issued thereunder.
Component Fund. It is intended that the Fund will be a component part of the Foundation and that nothing in the Agreement will affect the status of Jewish Federation of Greater Atlanta as an organization described in Section 501(c)(3) of the Internal Revenue Code of 1986 (the “Code”) and as an organization which is not a private Foundation within the meaning of Section 509(a) of the Code. This Agreement will be interpreted in a manner consistent with the foregoing intention and so as to conform to the requirements of the foregoing provisions of the Code and any regulations issued pursuant thereto. The Foundation is authorized to amend this Agreement to conform to the provisions of any applicable law or government regulation in order to carry out the foregoing intention. Reference in this Agreement to provisions of the Code shall be deemed references to the corresponding provisions of any future Internal Revenue law. Kindly indicate below your acceptance of this gift and of the foregoing terms and conditions. Accepted this _day of , 2020. DONOR(S) Receipt of the above-described property on this date is acknowledged. JEWISH FEDERATION OF GREATER ATLANTA, INC. D/B/A ATLANTA JEWISH FOUNDATION. ▇▇▇▇ ▇▇▇▇▇▇▇ Chief Executive Officer ▇▇▇▇▇▇▇▇▇ ▇ ▇▇▇▇▇▇ Chief Foundation Officer Please choose an investment model for your DAF: Investment Model Present Target Allocation Conservative 30%-55% Equity / 45%-70% Fixed Income / 0%-10% Alternatives Conservative Limited Growth 80%-100% Fixed Income / 0%-20% Cash Moderate 45%-70% Equity / 25%-45% Fixed Income / 0%-25% Alternatives Aggressive 65%-90% Equity /5%-25% Fixed Income / 0%-15% Alternatives ESG 60% Equity /40% Fixed Income Money Market (If funding with cash, please make check payable to Jewish Federation of Greater Atlanta and indicate check number, date and amount.)
A. Advisors: Recommendations from the Fund will be made by:
