The RMBCA even authorizes a corporation to make charitable contributions. The following form is a sample of a corporate resolution authorizing a charitable contribution.
An Indiana Corporate Resolution Authorizing a Charitable Contribution is a legal document enacted by a corporation in the state of Indiana to authorize and document a charitable donation. This resolution is essential for corporations that wish to donate funds or assets to a non-profit organization or charity. The resolution provides a formal and lawful way to approve and record the company's decision to contribute to a charitable cause. This document outlines the specifics of the contribution, including the amount, assets, or services to be donated, as well as the chosen recipient organization. It also designates the internal parties responsible for overseeing and executing the donation process, ensuring transparency and accountability within the corporation. Keywords: Indiana, corporate resolution, charitable contribution, legal document, corporation, donate funds, non-profit organization, charity, formal, approve, record, contribute, donation, amount, assets, services, recipient organization, internal parties, oversee, execute, transparency, accountability. Different types of Indiana Corporate Resolution Authorizing a Charitable Contribution may include: 1. Monetary Donation Resolution: This type of resolution authorizes the corporation to make a financial contribution to a charitable organization. It specifies the donation amount and any specific conditions or restrictions associated with the contribution. 2. Asset Donation Resolution: In cases where a corporation wants to donate physical assets such as equipment, property, or inventory to a charitable cause, an Asset Donation Resolution is utilized. This resolution delineates the details of the assets being donated and describes the transfer process. 3. Service Donation Resolution: Some corporations choose to contribute services or expertise instead of monetary or tangible assets. A Service Donation Resolution establishes the provision of services by the corporation to a charitable organization, detailing the nature of the services to be rendered and any related obligations. 4. Matching Gift Donation Resolution: Many companies have matching gift programs in which they match their employees' donations to non-profit organizations. A Matching Gift Donation Resolution allows the corporation to match the charitable contributions made by its employees, specifying the eligibility criteria and limits for matching gifts. Keywords: Monetary Donation Resolution, Asset Donation Resolution, Service Donation Resolution, Matching Gift Donation Resolution, financial contribution, physical assets, equipment, property, inventory, transfer, provision of services, expertise, matching gift programs, employees, eligibility criteria, limits, matching gifts.
