"To Infinity and Beyond!:  Drafting Gift Agreements

That Will Stand the Test of Time"

   Marcia Inger Navrátil

   Consultant

   Navrátil Philanthropic Solutions

A well-drafted gift agreement doesn't just address the circumstances when a donor makes a gift—it also takes into account the donor's long-term intent, the current and future needs of the institution and the relevant legal standards that govern institutional management of gift funds. This session will describe in detail all of the essential elements of a comprehensive gift agreement, one that an organization can effectively implement during the donor's lifetime, when circumstances change so that implementation becomes impractical and when the donor is no longer available to consult or consent to changes. Real-life examples will highlight best practices and the unfortunate consequences when a gift agreement is poorly written or missing essential information.

• Draft key elements of a legally valid and comprehensive gift agreement, including gift description, purpose, restrictions, management of gift funds, and associated fees.
• Manage donor expectations by communicating effectively to ensure that gift agreements fully reflect the donors' intent and that donors grasp the full implications, obligations, and restrictions of the gift agreement.
• Include specific language in gift agreements to address future changes, in order to avoid conflicts and restrictions when the donor is no longer available or unwilling to give consent.

This program is pre-approved for 1 PT CFRE CE credit.

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Many Thanks to our Program Partner!

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