FUND PURPOSE. The primary purpose of the Fund shall be to recommend charitable grants approved by the Foundation as consistent with the needs of the community served by the Foundation that further the charitable purposes of the community within the meaning of Code section 170(c)(1) or 170(c)(2)(B) and are consistent with the mission and charitable or other exempt purposes of the Foundation.
Appears in 4 contracts
Sources: Donor Advised Endowed Fund Agreement, Donor Advised Fund Agreement, Donor Advised Fund Agreement
FUND PURPOSE. The primary purpose of the Fund shall be to recommend charitable grants approved by the Foundation as consistent with the needs of the community served by the Foundation that further the charitable purposes of the community within the meaning of Code section 170(c)(1) or 170(c)(2)(B) and are consistent with the mission and charitable or other exempt purposes of the Foundation.
Appears in 3 contracts
Sources: Donor Advised Fund Agreement, Donor Advised Fund Agreement, Donor Advised Fund Agreement