gift agreement - virginia赠与协议-弗吉尼亚

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1、[ListnameofDonor]GIFTAGREEMENTUniversityofVirginia[orFoundation]ThisGiftAgreement(the“Agreement”)ismadethis____dayof_______byandamong______________________(hereinafterreferredtoas“theDonor”),andtheRectorandVisitorsoftheUniversityofVirginia(hereinafterreferredtoas“theUniversity”)[ortheFoundationName(

2、hereinafterreferredtoas“theFoundation”)].TheDonorandtheUniversity[orFoundation]agreeasfollows:1.DonorCommitment.TheDonorherebypledgestotheUniversity[orFoundation]thesumof_____________________Dollars($______________),whichasprovidedforhereinisdesignatedforthebenefitof____________________[specifytheUn

3、iversity,orifintendedbythedonor,designateaspecificUniversityschoolorprogram].2.DonorPurpose.a.Purpose.Itisunderstoodandagreedthatthegiftwillbeusedforthefollowingpurposeorpurposes:[Descriptionoftheuseoreventualuseofthegift/pledge,theuseoftheincomefromthefund,andanyadditionalorstipulatedpurposesforthe

4、gift.Foranendowment,itisnecessarytoincludehowthefundswillbeusedwhiletheendowmentisbeingfunded,e.g.foraprofessorshipduringthepledgeperiod.Ifthedonorwishestodesignateaportionofhis/hergiftforanannualcontributionsuchasadean’sorpresident’sfund,orotheron-goingannualcommitment,languageshouldappearinthissec

5、tionregardingthedistributionoftheannualportion.Giftsincludingproposednamingswouldspecifynamesinthissection(notingalsothatpermanentbuildingorspacenamingsaresubjecttoBoardofVisitorsapproval).Forendowmentorcapitalgifts,seeadditionalprovisionsfollowing.]b.Dean’s/Director’sDiscretionaryFund.__%ofthetotal

6、commitment/giftwillbedesignatedforuseasunrestrictedfundingforthedean’s[orunitdirector’s]prioritiesauthorizedbytheUniversity.Ifthecommitmentisfulfilledinmorethanonepayment,__%ofeachpaymentwillbeappliedtowardthisFund.3.Payment.Itisfurtherunderstoodandagreedthatthegiftwillbepaidinfullonorbefore________

7、__orasmaybefurtherdescribedhereafterintheeventofanagreedpaymentschedule:[statepaymentschedule,includingmonths,years,andamounts;notethatthestandardpledgedurationis3-5years].Itisalsounderstoodandagreedt