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 San Antonio Texas Charitable Pledge Agreement — Gift to University to Establish Scholarship Fund is a legal document that outlines the terms and conditions for making a charitable donation to a university in San Antonio, Texas. This agreement is often used by individuals, corporations, or organizations who wish to establish a scholarship fund to support students' education expenses and promote higher education opportunities. Key terms that may be included in the agreement are: 1. Donor Information: The agreement typically begins with the identification of the donor(s), including their full name, contact information, and any relevant affiliations. 2. University Information: The document will then provide details about the university, including its name, address, and legal status as a nonprofit educational institution. 3. Scholarship Fund Purpose: This section outlines the specific purpose of the scholarship fund, which may include supporting students from a particular field of study, academic achievement, financial need, or other criteria that align with the donor's intentions. 4. Donation Amount and Type: The agreement will specify the total amount of the donation or the method by which it will be determined (e.g., a fixed sum, annual contributions, or a percentage of the donor's estate). It may also indicate the type of gift, such as cash, stocks, real estate, or other assets. 5. Payment Schedule: If the donation is pledged over time, the agreement will outline the payment schedule, including the frequency, amounts, and due dates of contributions. 6. Restrictions and Endowment: This section may establish any restrictions or conditions on the use and administration of the scholarship fund. It may also address the creation of an endowment, ensuring the fund's longevity, and specifying how investment income should be utilized. 7. Scholarship Awarding Criteria: The agreement may lay out the criteria and selection process for awarding scholarships, including minimum academic requirements, financial need assessments, and the involvement of university officials in the selection process. 8. Reporting and Accountability: There may be provisions requiring the university to provide periodic reports to the donor, detailing how the scholarship fund is being utilized and the impact it has made. Types of San Antonio Texas Charitable Pledge Agreement — Gift to University to Establish Scholarship Fund may include: 1. General Scholarship Fund Pledge Agreement: This type of agreement establishes a scholarship fund without any particular restrictions or preferences for the scholarship awarding criteria. 2. Restricted Scholarship Fund Pledge Agreement: This agreement specifies certain eligibility criteria, such as supporting students from a specific academic department, underrepresented groups, or those pursuing a particular field of study. 3. Endowed Scholarship Fund Pledge Agreement: This type of agreement involves establishing a scholarship fund with a minimum required principal amount, ensuring that the fund's investment income provides perpetual support for scholarships. In conclusion, the San Antonio Texas Charitable Pledge Agreement — Gift to University to Establish Scholarship Fund acts as a formal contract between a donor and a university, outlining the terms and conditions of a charitable donation to create or support a scholarship fund. The agreement varies depending on the donor's preferences, scholarship criteria, donation amount, and the establishment of an endowment.
The San Antonio Texas Charitable Pledge Agreement — Gift to University to Establish Scholarship Fund is a legal document that outlines the terms and conditions for making a charitable donation to a university in San Antonio, Texas. This agreement is often used by individuals, corporations, or organizations who wish to establish a scholarship fund to support students' education expenses and promote higher education opportunities. Key terms that may be included in the agreement are: 1. Donor Information: The agreement typically begins with the identification of the donor(s), including their full name, contact information, and any relevant affiliations. 2. University Information: The document will then provide details about the university, including its name, address, and legal status as a nonprofit educational institution. 3. Scholarship Fund Purpose: This section outlines the specific purpose of the scholarship fund, which may include supporting students from a particular field of study, academic achievement, financial need, or other criteria that align with the donor's intentions. 4. Donation Amount and Type: The agreement will specify the total amount of the donation or the method by which it will be determined (e.g., a fixed sum, annual contributions, or a percentage of the donor's estate). It may also indicate the type of gift, such as cash, stocks, real estate, or other assets. 5. Payment Schedule: If the donation is pledged over time, the agreement will outline the payment schedule, including the frequency, amounts, and due dates of contributions. 6. Restrictions and Endowment: This section may establish any restrictions or conditions on the use and administration of the scholarship fund. It may also address the creation of an endowment, ensuring the fund's longevity, and specifying how investment income should be utilized. 7. Scholarship Awarding Criteria: The agreement may lay out the criteria and selection process for awarding scholarships, including minimum academic requirements, financial need assessments, and the involvement of university officials in the selection process. 8. Reporting and Accountability: There may be provisions requiring the university to provide periodic reports to the donor, detailing how the scholarship fund is being utilized and the impact it has made. Types of San Antonio Texas Charitable Pledge Agreement — Gift to University to Establish Scholarship Fund may include: 1. General Scholarship Fund Pledge Agreement: This type of agreement establishes a scholarship fund without any particular restrictions or preferences for the scholarship awarding criteria. 2. Restricted Scholarship Fund Pledge Agreement: This agreement specifies certain eligibility criteria, such as supporting students from a specific academic department, underrepresented groups, or those pursuing a particular field of study. 3. Endowed Scholarship Fund Pledge Agreement: This type of agreement involves establishing a scholarship fund with a minimum required principal amount, ensuring that the fund's investment income provides perpetual support for scholarships. In conclusion, the San Antonio Texas Charitable Pledge Agreement — Gift to University to Establish Scholarship Fund acts as a formal contract between a donor and a university, outlining the terms and conditions of a charitable donation to create or support a scholarship fund. The agreement varies depending on the donor's preferences, scholarship criteria, donation amount, and the establishment of an endowment.
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.