Minimum Gift Requirements Clause Samples

Minimum Gift Requirements. 1. Unrestricted gifts and restricted gifts to existing funds shall have no minimum gift requirement. 2. Restricted gifts to establish a new fund, other than a permanent endowment fund as described in Policy 4.5.B.3 below, shall have a minimum gift amount of US$50,000 whether lump sum or multi-year commitment. 3. Restricted gifts intended to establish a permanent endowment fund shall require a minimum gift of US$1,000,000.