Common use of Optional Donation Clause in Contracts

Optional Donation. The Sponsor may authorize the Library to retain any balance of funds remaining after the final accounting as a donation. The Library will provide more information about such donations on the final accounting statement. (See 2 U.S.C. § 160 and 26 U.S.C. § 170(c)(1) regarding donations to the Library of Congress.)

Appears in 3 contracts

Sources: Special Events Agreement, Special Events Agreement, Special Events Agreement