What is charitable subscription?

Contracts Law. A charitable subscription, also called a charitable pledge, is a donor's written or oral promise or statement of intent to contribute money or property to a charity.

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Charity Subscription Agreement

Charity Agreement

Name: Charity Subscription Agreement
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.62 (399 reviews)

Category:

Contracts - Subscriptions

State:

Multi-State

Control #:

US-13198BG

Format:

Instant download

Description Charity Agreement Form

This form is a charity subscription agreement. A charitable subscription, also called a charitable pledge, is a donor's written or oral promise or statement of intent to contribute money or property to a charity. This subscription is to be used for a particular purpose.

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Subscription Agreement Form Rating

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Subscription Agreement Document Other Form Names

Subscription Agreement Form Subscription Agreement Purchase Subscription Agreement Sample Subscription Agreement Template

FAQ

It is a unilateral promise without consideration. California Civil Code Section 1146 defines a gift as follows: A gift is a transfer of personal property, made voluntarily, and without consideration. Section 1147 says that a verbal gift is generally unenforceable unless the means of obtaining possession and control

A gift is a voluntary and gratuitous transfer of property from one person to another, without something of value promised in return. Failure to follow through on a promise to make a gift is not enforceable as a breach of contract because there is no consideration for the promise.

Contracts Law. A charitable subscription, also called a charitable pledge, is a donor's written or oral promise or statement of intent to contribute money or property to a charity.

In California, a pledge is enforceable as a binding contract only if there is consideration. In certain other states, the rules are less strict: Even a promise to make a payment to a charitable organization without anything given in return may be enforceable as a matter of public policy.

Charity Agreement

Description Charity Agreement Form