Common use of Solicitation Policy Clause in Contracts

Solicitation Policy. Donors who wish to solicit contributions for a fund at the Community Foundation must receive advance approval from the Community Foundation. Once approved, donors must use the following language in any solicitation: “IRS regulations require us to note that the Community Foundation of North Central Washington (the “Community Foundation”) will not provide any goods or services to you in exchange for a contribution to the Fund (the “Fund”). The Fund is a component fund of the Community Foundation. The Community Foundation has the authority to redirect contributions from the Fund if it becomes necessary to protect donor intent.” “Donations raised at this event (or for this cause) will be added to the Fund at the Community Foundation. The Community Foundation is a 501(c)(3) organization. The Community Foundation may disburse grants from the Fund as recommended by the advisors to the Fund or as community needs dictate. All checks should be made payable to the Community Foundation of North Central Washington/ Fund.