Donor Terms and Condition
The following sets forth the agreement between [Full Legal Name of Donor] (the “Donor”) and Future Tech Leaders. This agreement will be made part of Future Tech Leaders records and is intended as a guide to those who administer it.
- Purpose
The purpose of donation terms is to establish clear guidelines and expectations for both donors and the recipient organization regarding the use, management, and accountability of donated funds. These terms help build transparency, trust, and a mutually beneficial relationship between donors Future Tech Leaders.
- Budget
The Donor, in consideration of [his, her, their, its] abiding interest in the Future Tech Leaders, hereby [pledges, gives, or commits a testamentary gift] to the Future Tech Leaders the amount of [$___________] which will be utilized by the Future Tech Leaders for the purpose hereinafter set forth.
- Terms of Donation
Funds will be used exclusively for activities and initiatives that align with the mission and goals of Future Tech Leaders. Any deviation will be communicated clearly, with your consent sought if applicable.
- Tax Exempt Entity
Future Tech Leaders represents that it is qualified as a charitable organization under Section 501(c)(3) of the Internal Revenue Code. Future Tech Leaders Federal Tax Identification number is 93-2294901.
- Applicable Law
This agreement represents the entire agreement of the parties, supersedes all prior discussions and agreements, and may not be amended except by written agreement signed by each of the parties hereto. This agreement will be governed by and construed in accordance with the laws of the State of Georgia.