Charitable Endowment definition
Examples of Charitable Endowment in a sentence
It is intended that gifts to the Fund will qualify for the Montana Charitable Endowment Tax Credit to the extent the donor so elects.
This grant agreement (the “Agreement”) summarizes the mutual understanding of the Vanguard Charitable Endowment Program (the “Grantor’’) and the TechSoup (the “Grantee”) regarding the terms and conditions of a grant to support general operating expenses of TechSoup in relation to the objectives described in TechSoup’s growth capital campaign, which is primarily being funded through the Direct Public Offering, a description which is attached hereto as Exhibit 1 (the “Direct Public Offering Description”).
The determination of entitlement of Ambalan rights and to receive first receipt as an Ambalan in the village is by the Joint Commissioner of Hindu Religious and Charitable Endowment Board in exercise of the statutory powers.
The Grantor(s) desire(s) to transfer assets at death to the Trustee from (his, their, her) estate through (his, her, their) Last Will and Testament and/or other estate-planning devices for the purpose of funding this Charitable Endowment Fund to be used for the purposes hereinafter described.