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Conditional Donation Agreement Template for Singapore

A Conditional Donation Agreement under Singapore law is a legally binding document that establishes the terms and conditions under which a donation will be made and used. It outlines specific requirements that must be met by the recipient organization and may include provisions for reporting, use of funds, and circumstances under which the donation must be returned. The agreement incorporates Singapore's charitable giving framework and relevant tax considerations while ensuring compliance with the Charities Act and other applicable regulations.

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What is a Conditional Donation Agreement?

A Conditional Donation Agreement is essential when making significant charitable contributions in Singapore where specific conditions must be met by the recipient. This document helps protect the donor's interests while ensuring the donation is used as intended. It includes detailed terms about the donation amount or property, conditions for use, reporting requirements, and potential repayment scenarios. The agreement must comply with Singapore's Charities Act, tax regulations, and other relevant legislation. It's particularly important for corporate giving, endowments, and large personal donations where specific outcomes or uses are expected.

What sections should be included in a Conditional Donation Agreement?

1. Parties: Identifies and defines the donor and recipient

2. Background: Explains context and purpose of the donation

3. Definitions: Defines key terms used throughout the agreement

4. Donation Amount/Property: Specifies what is being donated

5. Conditions: Details the conditions attached to the donation

6. Payment/Transfer Terms: Specifies how and when the donation will be made

7. Representations and Warranties: Basic warranties from both parties

What sections are optional to include in a Conditional Donation Agreement?

1. Tax Provisions: Provisions relating to tax deductions and implications for the donation

2. Reporting Requirements: Recipient's obligations to report on use of donation, typically for large donations or when donor requires oversight

3. Return of Donation: Circumstances and procedures for returning the donation if conditions are not met

4. Publicity Rights: Terms governing the use of donor's name/logo by recipient, typically for corporate or high-profile donations

What schedules should be included in a Conditional Donation Agreement?

1. Schedule 1: Description of Donated Property: Detailed description of non-monetary donations

2. Schedule 2: Payment Schedule: For donations made in installments

3. Schedule 3: Specific Conditions: Detailed conditions and requirements for use of donation

4. Appendix A: Required Reports: Format and content of required reporting

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

Singapore

Publisher

Genie AI

Document Type

Donation Agreement

Cost

Free to use

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