The Conditional Donation Agreement serves as a crucial legal instrument in the United States for donors who wish to make charitable contributions while maintaining control over how their donations are used. This document type is particularly important when substantial donations are made with specific purposes or restrictions in mind. The agreement details the donor's intentions, recipient's obligations, and conditions that must be met for the donation to remain valid. It typically includes provisions for tax treatment, reporting requirements, and potential reversion of the donation if conditions are not met. The agreement must comply with both federal tax laws and state-specific charitable giving regulations.
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1. Parties: Identification of donor and recipient organization
2. Background: Context of donation and charitable purpose
3. Definitions: Key terms used throughout the agreement
4. Donation Details: Description of donated assets/amount
5. Conditions: Specific conditions attached to the donation
6. Use of Donation: Permitted and restricted uses
7. Reporting Requirements: Recipient's obligations to report on use of donation
1. Tax Provisions: Special provisions regarding tax treatment of the donation and required documentation
2. Recognition Rights: Terms regarding donor recognition, naming rights, and public acknowledgment
3. Return of Funds: Conditions and process for return of donation if conditions are not met
1. Schedule A - Asset Description: Detailed description of donated assets or funds
2. Schedule B - Conditions: Detailed list of conditions and requirements for the donation
3. Schedule C - Reporting Template: Format and requirements for progress reports
4. Schedule D - Recognition Details: Specific terms and requirements for donor recognition
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