A Letter of Intent to Give Donation is a crucial preliminary document used in Hong Kong's philanthropic and charitable sector when a donor (individual or organization) wishes to formally communicate their intention to make a future donation. This document serves as a precursor to the actual transfer of assets or funds, providing both parties with a clear understanding of the intended gift while operating within Hong Kong's legal framework. While not typically as binding as a formal contract, it helps establish the donor's commitment and the recipient's acknowledgment of the intended gift. The document is particularly useful for large donations, planned giving, or situations where the actual donation will occur in stages or at a future date. It should address key elements such as the nature of the donation, any conditions, timing, and intended use, while complying with Hong Kong's regulatory requirements for charitable giving and property transfer.
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1. Donor Information: Full legal name, address, and contact details of the donor
2. Recipient Information: Full legal name, address, and contact details of the recipient individual or organization
3. Declaration of Intent: Clear statement of the donor's intention to make the donation
4. Donation Details: Specific description of what is being donated (money, property, assets) including quantity or value
5. Timing: When the donation will be made or the timeline for the donation process
6. Signature Block: Space for donor's signature, date, and witness signatures if required
1. Conditions Precedent: Any conditions that must be met before the donation becomes effective - include if there are specific prerequisites
2. Purpose of Donation: Specific intended use of the donation - include if the donor wants to specify how the donation should be used
3. Payment Structure: Details of installments or payment schedule - include for large donations with multiple payments
4. Tax Implications: Statement about tax treatment or requirements - include for significant donations or when tax deductions are expected
5. Revocation Terms: Conditions under which the intent may be withdrawn - include if the donor wants flexibility to revoke
6. Confidentiality: Privacy and publicity requirements - include if there are specific privacy concerns
1. Schedule A - Asset Description: Detailed description of non-monetary assets being donated - include for property or complex assets
2. Schedule B - Payment Schedule: Detailed timeline of payments for installment-based donations
3. Schedule C - Supporting Documents: List of attached documents such as property titles, certificates, or relevant permits
4. Appendix 1 - Due Diligence Documents: Copies of any required compliance or due diligence documentation
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