California Charity Subscription Agreement

State:
Multi-State
Control #:
US-1032BG
Format:
Word; 
Rich Text
Instant download

Description

A subscription agreement is a legal obligation to make a payment in money or its equivalent in furtherance of a charitable, business or other undertaking, A 501(c)(3) organization is a corporation, trust, unincorporated association, or other type of organization that is exempt from federal income tax under section 501(c)(3) of Title 26 of the United States Code. For example, 501(c)(3) tax-exemptions apply to entities that are organized and operated exclusively for religious, charitable, scientific, literary, or educational purposes.

The California Charity Subscription Agreement is a legally binding document that outlines the terms and conditions for individuals or entities subscribing to a charitable organization's services or resources on a recurring basis. It sets forth the rights and obligations of both parties involved in the agreement and ensures transparency and accountability in the charity subscription process. This agreement typically includes key details such as the names and contact information of the subscribing individual or entity and the charitable organization, the description of the services or resources being subscribed to, the subscription term, the payment terms, and any applicable fees or charges. Various types of California Charity Subscription Agreements can exist, tailored to specific circumstances and requirements. Some common types include: 1. Donor Subscription Agreement: This agreement is entered into between a charitable organization and an individual or entity making regular donations to support the organization's cause. It establishes the frequency and amount of the donations and may include specific provisions related to tax-deductibility and donor recognition. 2. Volunteer Subscription Agreement: This agreement is used when individuals or entities subscribe to volunteer their time and skills to a charitable organization. It outlines the volunteer's responsibilities, the tasks they will be assigned, the duration of the commitment, and any additional requirements such as background checks or training. 3. Resource Subscription Agreement: This type of agreement is applicable when individuals or entities subscribe to receive specific resources or benefits from a charitable organization. This could include access to educational materials, training programs, healthcare services, or other forms of assistance provided by the charity. 4. Corporate Subscription Agreement: This agreement is designed for businesses or corporations that wish to enter into a long-term commitment with a charitable organization. It outlines the scope of the corporate support, such as financial contributions, employee volunteer programs, or in-kind donations, and establishes the terms for the ongoing partnership. It is essential to consult with legal professionals and ensure compliance with California state laws and regulations when drafting or entering into a California Charity Subscription Agreement. This agreement serves as a crucial tool for both parties to clarify expectations, protect their rights, and facilitate a mutually beneficial relationship in the realm of charitable endeavors.

How to fill out California Charity Subscription Agreement?

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FAQ

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.

A gift agreement documents a gift has been made by the donor to a charitable organization and is legally enforceable. A pledge agreement records a commitment by a donor to make a gift at a future time.

A promise that is unenforceable due to indefiniteness or lack of mutuality, where only one side is bound to perform. An example of this would be an agreement between a seller and buyer which states that the seller "agrees to sell all of the ice cream he wants to" to the buyer.

Under traditional contract law principles, a charitable pledge is enforceable if it meets the requirements for a legally binding contract. There must be an agreement between the donor and the charity -- in effect, the donor must promise to make a gift and the charity must promise to accept it.

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

If there is no acceptance, the donation cannot be formalized. Therefore, any donation contract is subject to these conditions: It is an act free and it is made voluntary. Cannot be done on future goods, i.e. the goods must be currently owned by the donor.

Most courts view charitable pledges as legally enforceable commitments. Failure to enforce pledge collection could result in personal liability for the trustees of a non-profit. IRS rules prohibit donors from fulfilling a legally enforceable pledge from their donor advised fund.

A charitable pledge is enforceable if it is a legally binding contract. A legally binding contract exists when there is agreement between the parties and there has been consideration given in exchange for the pledge.

In California, like most other states, charitable pledges are analyzed as a matter of contract law. This means that pledges are not enforceable unless: (1) the pledgor receives consideration for making the pledge; or (2) the charity has detrimentally relied on the pledge.

More info

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California Charity Subscription Agreement