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What is a Charitable Pledge Agreement? If you've decided to donate to a charity, either in one lump sum or in installments, you can use a Charitable Pledge Agreement to formalize your promise of a donation, or a series of donations.
The Donor and [Your Organization] agree as follows: Donor Commitment. The Donor hereby pledges to [Your Organization] the sum of [insert amount] or more, which as provided for herein is designated for the benefit of [Fund Name] Endowment. Donor Purpose. Purpose. ... Payment.
A donation is a voluntary transfer of property (often money) from the transferor (donor) to the transferee (donee) with no exchange of value (consideration) on the part of the recipient (donee). (The recipient gives nothing in exchange for the donated property.)
Types of Donors Every Nonprofit must Know Individual donors. Major donors. Corporate donors. Foundations.
A donation agreement, also called a charitable gift agreement, is a document that established proof of a donation or gift to a charitable organization.