will not make grants from the Fund to individuals. charitable organizations that are tax-exempt public charities U.S., state, or local government organizations qualified to receive tax deductible charitable contributions, such as state colleges or universities private operating foundations or certain non-U.S. will only make grants from the Fund to U.S. may, from time to time, notify the Advisors of suitable grant recipients.Įligible Grant Recipients. In addition, if the Donor Advised Fund Agreement or communications to donors to the Fund indicate a specific purpose for the Fund, then all grants from the Fund must comply with the stated purpose restriction. All grants must also further ’s charitable and educational purposes, as determined by in its sole discretion. All grants from the Fund must be exclusively for charitable or educational purposes, as those terms are used in Section 170(c)(2) of the Internal Revenue Code (the “Code”).
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