A charitable pledge is a contract between a donor and a charity in which the donor promises to make a contribution in the future. This form is a charitable pledge of a gift to a university to establish a scholarship fund.
The New Mexico Charitable Pledge Agreement — Gift to University to Establish Scholarship Fund is a legally binding document that outlines the terms and conditions for making a charitable gift to a university in New Mexico with the intention of establishing a scholarship fund. This agreement ensures that the donor's wishes are upheld and provides a framework for the university to manage and distribute the funds to deserving students. Keywords: New Mexico, charitable pledge agreement, gift, university, scholarship fund, legally binding, terms and conditions, charitable gift, scholarship, donor, manage, distribute, deserving students. There may be different types of New Mexico Charitable Pledge Agreements — Gift to University to Establish Scholarship Fund, depending on the specific circumstances and preferences of the donor. Some variations of this agreement may include: 1. Endowed Scholarship Fund Agreement: This type of agreement establishes a perpetual scholarship fund where the principal amount remains invested, and only a portion of the investment income is distributed as scholarships. 2. Annual Scholarship Fund Agreement: Here, the donor commits to making a yearly gift to the university to fund scholarships. The agreement may specify the amount, duration, and criteria for awarding the scholarships. 3. Named Scholarship Fund Agreement: This agreement allows the donor to name the scholarship fund after themselves or someone they wish to honor. It may also include specific eligibility criteria or preferences for selecting scholarship recipients. 4. Restricted Scholarship Fund Agreement: In this case, the donor may choose to restrict the use of the scholarship fund to a specific field of study, industry, or demographic group. This agreement ensures that the funds are targeted towards a specific purpose, aligning with the donor's intentions. 5. Merit-based Scholarship Fund Agreement: This type of agreement establishes a scholarship fund that rewards academic achievements or other exceptional skills or qualities. It may outline the selection process and criteria to determine deserving scholarship recipients based on merit. Regardless of the type, all New Mexico Charitable Pledge Agreements — Gift to University to Establish Scholarship Fund serve the purpose of providing financial assistance to students pursuing higher education, while honoring the donor's philanthropic goals and contributing to the overall betterment of the community.
The New Mexico Charitable Pledge Agreement — Gift to University to Establish Scholarship Fund is a legally binding document that outlines the terms and conditions for making a charitable gift to a university in New Mexico with the intention of establishing a scholarship fund. This agreement ensures that the donor's wishes are upheld and provides a framework for the university to manage and distribute the funds to deserving students. Keywords: New Mexico, charitable pledge agreement, gift, university, scholarship fund, legally binding, terms and conditions, charitable gift, scholarship, donor, manage, distribute, deserving students. There may be different types of New Mexico Charitable Pledge Agreements — Gift to University to Establish Scholarship Fund, depending on the specific circumstances and preferences of the donor. Some variations of this agreement may include: 1. Endowed Scholarship Fund Agreement: This type of agreement establishes a perpetual scholarship fund where the principal amount remains invested, and only a portion of the investment income is distributed as scholarships. 2. Annual Scholarship Fund Agreement: Here, the donor commits to making a yearly gift to the university to fund scholarships. The agreement may specify the amount, duration, and criteria for awarding the scholarships. 3. Named Scholarship Fund Agreement: This agreement allows the donor to name the scholarship fund after themselves or someone they wish to honor. It may also include specific eligibility criteria or preferences for selecting scholarship recipients. 4. Restricted Scholarship Fund Agreement: In this case, the donor may choose to restrict the use of the scholarship fund to a specific field of study, industry, or demographic group. This agreement ensures that the funds are targeted towards a specific purpose, aligning with the donor's intentions. 5. Merit-based Scholarship Fund Agreement: This type of agreement establishes a scholarship fund that rewards academic achievements or other exceptional skills or qualities. It may outline the selection process and criteria to determine deserving scholarship recipients based on merit. Regardless of the type, all New Mexico Charitable Pledge Agreements — Gift to University to Establish Scholarship Fund serve the purpose of providing financial assistance to students pursuing higher education, while honoring the donor's philanthropic goals and contributing to the overall betterment of the community.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés.
For your convenience, the complete English version of this form is attached below the Spanish version.