Continuity. The Fund shall continue so long as assets are available in the Fund and the purposes of the Fund can be served by its continuation. If the Fund is terminated, the Foundation shall devote any remaining assets in the Fund exclusively for charitable or other exempt purposes that:
Appears in 4 contracts
Samples: Sample Agreement, Sample Agreement, Solano Community Foundation
Continuity. The Fund fund shall continue so long as assets are available in the Fund and the purposes of in the Fund can be served by its continuation. If the Fund is terminated, the Foundation shall devote any remaining assets in the Fund exclusively for charitable or other exempt purposes that:
Appears in 3 contracts
Samples: Donor Advised Fund Agreement, Fund Agreement, Donor Advised Fund Agreement
Continuity. The Fund fund shall continue so long as assets are available in the Fund and the purposes of in the Fund can be served by its continuation. If the Fund is terminated, the Foundation shall devote any remaining assets in the Fund exclusively for charitable or other exempt purposes that:: (a) are within the scope of the charitable or other exempt purposes of the Foundation ' s Articles of Incorporation; and, (b) most nearly approximate, in the sole opinion of the Board, the original purpose of the Fund.
Appears in 3 contracts
Samples: Agency Endowment Fund Agreement, Agreement, Endowment Fund Agreement
Continuity. The Fund shall continue so long as assets are available in the Fund fund and the purposes of in the Fund can be served by its continuation. If the Fund is terminated, the Foundation shall devote any remaining assets in the Fund exclusively for charitable or other exempt purposes that:
Appears in 2 contracts
Samples: Endowed Scholarship Agreement, Endowed Scholarship Agreement
Continuity. The Fund fund shall continue so long as assets are available in the Fund fund and the purposes of in the Fund can be served by its continuation. If the Fund is terminated, the Foundation shall devote any remaining assets in the Fund exclusively for charitable or other exempt purposes that:
Appears in 2 contracts
Samples: Designated Endowment Fund Agreement, Of Interest Endowment Fund Agreement
Continuity. The Fund shall continue so long as assets are available in the Fund and the purposes of in the Fund can be served by its continuation. If the Fund is terminated, the Foundation shall devote any remaining assets in the Fund exclusively for charitable or other exempt purposes that:
Appears in 2 contracts
Samples: Foundation Fund Agreement, www.cicf.org
Continuity. The Fund shall continue so as long as assets are available in the Fund and the purposes of in the Fund fund can be served by its continuation. If the Fund is terminated, the Foundation shall devote any remaining assets in the Fund exclusively for charitable or other exempt purposes that:: (a) are within the scope of charitable or other exempt purposes of the Foundation’s Articles of Incorporation; and (b) most nearly approximate, in good faith opinion of the Board, the original purpose of the Fund.
Appears in 1 contract
Samples: Endowment Fund Agreement
Continuity. The Fund shall continue so long as assets are available in the Fund and the purposes of the Fund can be served by its continuation. If the Fund is terminated, the Foundation shall devote any remaining assets in the Fund exclusively for charitable or other exempt purposes that:that (a) are within the scope of the charitable or other exempt purposes of the Foundation’s Articles of Incorporation and (b) most nearly approximate, in the good faith opinion of the Board, the original purpose of the Fund.
Appears in 1 contract
Samples: Endowment Fund Agreement
Continuity. The Fund shall continue so long as assets are available in the Fund and the purposes of in the Fund can be served by its continuation. If the Fund is terminated, the Foundation shall devote any remaining assets in the Fund exclusively for charitable or other exempt purposes that:
Appears in 1 contract
Samples: Sample Agreement
