Sample: Designated Fund

AGREEMENT BETWEEN DONOR(S),________________________________________________________
and TRUSTEES OF FUNDS AND ENDOWMENTS, INC.

DATED

Donor(s) give and Trustees of Funds and Endowments, Inc. ("Trustees") accepts this gift in the amount of $            and any subsequent amounts given to it by any donor for the benefit of_______________________ _______________________________________  ("the Beneficiary"). Such amounts are to be a permanently restricted endowment fund ("Fund") held for the benefit of the Beneficiary.  Distributions are to be made on a periodic basis, generally annually,  to the Beneficiary ("Attention: Treasurer") and used for the following purposes in the percentages indicated:

______Unrestricted

______Outreach (but only in amounts equal to that which the Beneficiary itself is giving not considering these amounts.)

______Emergencies

______Clergy and staff education, including sabbaticals

______Expansion of existing programs

______Diocesan assessments

______Other:

Should any amounts not be distributed for a stated purpose in a given year, such amounts should remain available for distribution for similar purposes in future years.

The Fund is to be managed by and subject to the permanent endowment policies of Trustees and shall be known as " _________________________________FUND" and identified as such in the course of its administration and distribution. We have received a copy of the Trustees' current investment and distribution policies.

_______________________________Donor   

_______________________________Donor

Accepted this _____ day of  _______ subject to the approval of the Board  of Directors of Trustees at its next regular meeting scheduled for ________________________________________.

___________________________________________

Title _______________________________________

Approved by the Board of Directors of TRUSTEES OF FUNDS AND ENDOWMENTS, INC.

Date:__________________


President____________________________________

Please Email us (MHagonTFE@wi.rr.com) for further information or forms.