Of course, donors may con­vey dif­fer­ent pref­er­ences when it comes to pub­lic recog­ni­tion and cer­e­monies. In par­tic­u­lar, for donors who expect the non­prof­it to “roll out the red car­pet” when pub­licly announc­ing this item, the gift agree­ment should remind the par­ties of under­stand­ing in con­di­tions, events or oth­er meet­ings to cel­e­brate and hon­or donors. Sim­i­lar­ly, the agree­ment should look at how the par­ties pub­lish the gift and nam­ing rights in anoth­er way, par­tic­u­lar­ly in sce­nar­ios that involve the gen­er­al “brand­ing” of an orga­ni­za­tion or pro­gram. In many cas­es, the orga­ni­za­tion can expect to gen­er­ate more gifts and noto­ri­ety with­in the com­mu­ni­ty by fos­ter­ing its rela­tion­ship or mem­ber­ship in a par­tic­u­lar donor, and the orga­ni­za­tion should there­fore ensure that the donor has con­sent to the nec­es­sary pub­lic­i­ty rights. It is also under­stood and agreed that the funds received may be invest­ed by a third par­ty who best deter­mines the invest­ment oppor­tu­ni­ties of this fund (see point #4 below). The Foundation‘s spend­ing pol­i­cy will be the guide­line defined and approved by your organization‘s board of direc­tors, which like­ly only pro­vides for the use of annu­al sav­ings income and will not enter into the Fund‘s cap­i­tal in order to pre­serve and main­tain growth. A moral or moral clause is a small but impor­tant seg­ment that you can add to your gift con­tracts. A moral clause is used to define cer­tain cir­cum­stances that would be embar­rass­ing or detri­men­tal to an organization‘s rep­u­ta­tion and val­ues. Accord­ing to Lynne West­er, non­prof­its need to pro­tect their orga­ni­za­tions from exces­sive risk. Most NON-PROFIT ORGANIZATIONS depend on the good­will of the pub­lic to attract donors. A close con­nec­tion with some­one whose name has been severe­ly dam­aged can dam­age the nonprofit‘s rep­u­ta­tion and impair their abil­i­ty to gain sup­port. This resource con­tains use­ful infor­ma­tion about why a gift deal may be nec­es­sary and impor­tant and how to start with a giv­en deal.

The next sec­tion, titled “*Gift Con­tract Tem­plate,” con­tains a gift agree­ment with pre­sen­ta­tion, which is based on an agree­ment estab­lished by the Com­mu­ni­ty Foun­da­tion of Col­lier Coun­ty. The goals of your writ­ten agree­ment would like­ly be as fol­lows: here‘s an exam­ple of Lynne Wester‘s lan­guage at Donor Rela­tions Guru, which you should have checked by your Gen­er­al Coun­sel and then have it in your gift agree­ment: The Gift Direc­tive helps ensure that gifts with asso­ci­at­ed rights are han­dled con­sis­tent­ly. and accord­ing to estab­lished aca­d­e­m­ic guidelines.…