Loading...

Donor Intent

Loading...
Donor Intent - Hallo friend SMART KIDS, In the article you read this time with the title Donor Intent, we have prepared well for this article you read and download the information therein. hopefully fill posts Article baby, Article care, Article education, Article recipes, we write this you can understand. Well, happy reading.

Title : Donor Intent
link : Donor Intent

see also


Donor Intent

According to news report, the Yona property on which the RMS sits is one of the sites that will be sold as a result of the child abuse lawsuits.  But did anyone check the laws on whether this piece of property can be sold?  What makes RMS special is that the property was acquired through a donor.  The donor contributed 2 million dollars with the intention that the money be used to house the Redemptoris House Seminary.

The donor's intent I protected by American law.  According to Wikipedia:
In philanthropydonor intent is the purpose, sometimes publicly expressed, for which a philanthropist intends a charitable gift or bequest. Donor intent is most often expressed in gift restrictions, terms, or agreements between a donor and donee, but it may also be expressed separately in the words, actions, beliefs, and giving practices of a philanthropist. Donor intent is protected in American law regarding charitable trusts, and trustees' primary fiduciary obligation is to carry out a donor's wishes.[1]
Fidelity to donor intent is sometimes distinguished from grant compliance, and "donor intent" refers to the actions of a grantmaking entity and grant compliance refers to the actions of a grant recipient, but the term donor intent is commonly used to refer to both the guiding principles of a grantmaking entity and the purposes of a specific gift.[2]
There have been many controversies, including litigation, over donor intent at private foundationsuniversities, and arts organizations.[3][4][5]
On November, 2002, an ‘anonymous’ donation of two million US dollars was given explicitly and solely for the purchase of Hotel Accion to house the Redemptoris Mater Seminary.  That was the donor's intent, which is protected by American law.  


thus Article Donor Intent

that is all articles Donor Intent This time, hopefully can provide benefits to all of you. Okay, see you in another article posting.

You now read the article Donor Intent with the link address https://onechildsmart.blogspot.com/2017/07/donor-intent.html

Subscribe to receive free email updates:

Related Posts :

0 Response to "Donor Intent"

Post a Comment

Loading...