Common use of NOT A SEPARATE TRUST Clause in Contracts

NOT A SEPARATE TRUST. The Fund shall be a component part of the Foundation. All money and property in the Fund shall be part of the pool of funds and held as general assets of the Foundation and not segregated as trust property of a separate trust.

Appears in 1 contract

Sources: Agency Endowment Fund Agreement

NOT A SEPARATE TRUST. The Fund shall be a component part fund of the Foundation. All money and property in the Fund shall be part of the pool of funds and held as general assets of the Foundation and not segregated as trust property of a separate trust, Foundation, or other charitable entity.

Appears in 1 contract

Sources: Permanent Named Endowed Fund Agreement

NOT A SEPARATE TRUST. The Fund shall be a component part of the Foundation. All money and property in the Fund shall be part of the pool of funds and held as general assets of the Foundation and not segregated as trust property of a separate trust. The Foundation, in its normal corporate capacity, shall have ultimate authority and control over all property held in the Fund, and the income derived therefrom, for charitable, educational purposes of the Fund.

Appears in 1 contract

Sources: Donation & Charitable Giving

NOT A SEPARATE TRUST. The Fund shall be a component part fund of the Foundation. All money and property in the Fund shall be part of the pool of funds and held as general assets of the Foundation and not segregated as trust property of a separate trust; Foundation, or charitable entity.

Appears in 1 contract

Sources: Donor Advised Fund Agreement

NOT A SEPARATE TRUST. The Fund shall be a component part of the Foundation. All money and property in the Fund shall be part of the pool of funds and held as general assets of the Foundation and not segregated as trust property of a separate trust.. The Fund will receive earnings allocations when the Fund balance equals or exceeds the sum of One Thousand Dollars ($1,000.00) at the time of allocation. For purposes of

Appears in 1 contract

Sources: Advised Endowment Fund Agreement