Fundraising Agreement Template

Business-in-a-Box's Fundraising Agreement Template

Document content

This fundraising agreement template has 7 pages and is a MS Word file type listed under our legal agreements documents.

Sample of our fundraising agreement template:

FUNDRAISING AGREEMENT This Fundraising Agreement (the "Agreement") is effective [DATE], BETWEEN: [ASSOCIATION/CLUB/HOSPITAL/SCHOOL NAME] (the "First Party"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [NONPROFIT NAME] (the "Second Party"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] WITNESSETH: WHEREAS, [COMPANY NAME], operates the [ASSOCIATION/CLUB/HOSPITAL/SCHOOL], located at [FULL ADDRESS] and plans to operate the [ASSOCIATION/CLUB/HOSPITAL/SCHOOL], to be located at [FULL ADDRESS], (together the "Community [SPECIFY]"); and WHEREAS, the [STATE/PROVINCE] Board of [SPECIFY] (the "Sponsor") has entered into [NUMBER] contracts with [COMPANY NAME], one with respect to the [ASSOCIATION/CLUB/HOSPITAL/SCHOOL], dated [DATE] and one with respect to the [ASSOCIATION/CLUB/HOSPITAL/SCHOOL], dated [DATE], in accordance with Section [NUMBER] of the [STATE/PROVINCE] Code (each a "Sponsor Contract") whereby [COMPANY NAME] is authorized to establish the Community [SPECIFY]; and WHEREAS, [NONPROFIT NAME] has undertaken to manage the process of designing and building the facilities for such Community [SPECIFY], including contracting with a general contractor to construct the facilities for each of the Community [SPECIFY]; and WHEREAS, [COMPANY NAME] and [COMPANY NAME] have previously entered into an amended and restated Management Agreement, dated [DATE], which sets forth the obligations and duties of each party with respect to the implementation of Fundraiser's [SPECIFY] program at the [ASSOCIATION/CLUB/HOSPITAL/SCHOOL] (the "[SPECIFY] Agreement"); and WHEREAS, [COMPANY NAME] and [COMPANY NAME] have previously entered into a Management Agreement, dated [DATE], which sets forth the obligations and duties of each party with respect to the implementation of Fundraiser's [SPECIFY] program at the [SCHOOL/ASSOCIATION/CLUB/HOSPITAL] (the "[SPECIFY] Agreement"); and WHEREAS, the [SPECIFY] Foundation has entered into a Conditional Grant Agreement to pay any defaults by [NONPROFIT NAME] under the loan agreement for the [ASSOCIATION/CLUB/HOSPITAL/SCHOOL] ("[SPECIFY] Conditional Grant"); and WHEREAS, [COMPANY NAME] and [NONPROFIT NAME] are entering into an LLC Operating Agreement (the "LLC Agreement") of even date to form [SPECIFY]-Fundraiser LLC (the "LLC"); and WHEREAS, in order to finance the Community [SPECIFY] facilities, [COMPANY NAME] and [NONPROFIT NAME] plan to work together to raise at least [AMOUNT] in charitable contributions to [NONPROFIT NAME]. PURPOSE Purpose of the Agreement The parties agree to conduct a joint fundraising campaign to raise [AMOUNT] on behalf of and for the exclusive benefit of the Second Party in order to secure timely construction of the Community [SPECIFY] facilities and to repay in a timely manner certain funds borrowed, or to be borrowed, by the Second Party or the LLC (the "Campaign"). The campaign shall terminate [DATE]. CAMPAIGN GOALS Fundraising Obligations The parties agree to use reasonable efforts to work together through [DATE] to raise the full [AMOUNT] goal for the Campaign. Within the context of the joint Campaign, the parties will share responsibility as follows. The First Party will use reasonable efforts through [DATE] to raise [AMOUNT] toward the Campaign (the "First Party Fundraising Amount"), and the Second Party will use reasonable efforts through [DATE] to raise [AMOUNT] toward the Campaign (the "Second Party Fundraising Amount"). As part of the First Party Fundraising Amount, the First Party will use reasonable efforts to raise, by [DATE], from sources other than government entities in [STATE/PROVINCE], and from donors located outside the [STATE/PROVINCE], [STATE/PROVINCE] area, at least [AMOUNT]. It is understood that the first [AMOUNT] raised from [STATE/PROVINCE], [STATE/PROVINCE] area donors or from government entities in [STATE/PROVINCE] will be considered to count toward the fulfillment of the Second Party Fundraising Amount. Both parties agree to use reasonable efforts through [DATE] to support the entire Campaign, including any amounts to be credited to the other party's Fundraising Amount. Overall Campaign Goals The goal of the Campaign is to receive at least the following sums of charitable contributions or public grants by the dates listed: Date Amount Project [DATE] [AMOUNT] [STATE/PROVINCE] [ASSOCIATION/CLUB/HOSPITAL/SCHOOL] [DATE] [AMOUNT] [STATE/PROVINCE] [ASSOCIATION/CLUB/HOSPITAL/SCHOOL] [DATE] [AMOUNT] [STATE/PROVINCE] [ASSOCIATION/CLUB/HOSPITAL/SCHOOL] [DATE] [AMOUNT] [STATE/PROVINCE] [ASSOCIATION/CLUB/HOSPITAL/SCHOOL] [DATE] [AMOUNT] [STATE/PROVINCE] [ASSOCIATION/CLUB/HOSPITAL/SCHOOL] The dates listed in this Section 2.2 are referred to herein as "Deadline Dates." Timing of Donations Donations will be considered to have been obtained as of the date such funds are actually made available to the Second Party. Donations for which donors have made firm commitments but for which funds have not yet been forwarded to the Second Party will be counted as having been obtained by the Deadline Date if the party that arranged for such funds agrees to loan (interest free) to the Second Party the amount of such donation between the applicable Deadline Date for such donations and the actual date of receipt by the Second Party of such funds, repayment of such funds to be contingent on receipt of the pledged donation. Notwithstanding the foregoing, the First Party shall have no obligation to loan such funds to the Second Party. Recognition of Donor's Intention It is understood that if a donor specifically provides that its donation is not to be credited toward the Campaign, the [COMPANY NAME] will not count that donation toward the Campaign. COORDINATION OF EFFORT Cooperation The parties will cooperate with each other in all aspects of the Campaign. Such cooperation will include, for example, joint development of fundraising strategy, joint development of brochures or other informational material regarding the Campaign or the Community [SPECIFY], and coordination of schedules to allow for joint meetings with donors. Donor Identification Each party will work to identify potential donors to the Campaign. Prior to contacting any donor (including, among others, local or national foundations, corporations or other businesses, individuals or private foundations, or any government entity), each party will notify the other of the donors it plans to contact and will share any materials, such as letters and any supporting information, that it plans to distribute to or share with such potential donors. Meetings Upon reasonable notice, each party shall make its philanthropic personnel available in [STATE/PROVINCE], [STATE/PROVINCE] on a regular basis to ensure that the Campaign is adequately supported. The First Party support will include availability of the First Party personnel in [STATE/PROVINCE] for meetings with important donor prospects, regular status updates with the Second Party personnel, regular communication to discuss and adjust Campaign strategy, and research on prospects, individuals, foundations, and other funding sources. Costs Each party will pay its own costs related to the Campaign. However, the First Party shall bear any reasonable costs of the Second Party or [COMPANY NAME] related to the solicitation of funds from non-[STATE/PROVINCE] government entities or from donors outside of the [STATE/PROVINCE], [STATE/PROVINCE] area whose funds are to be credited to the First Party Fundraising Amount or with whom First Party initiated contact. Confidentiality/Description of the Campaign to Donors

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Document content

This fundraising agreement template has 7 pages and is a MS Word file type listed under our legal agreements documents.

Sample of our fundraising agreement template:

FUNDRAISING AGREEMENT This Fundraising Agreement (the "Agreement") is effective [DATE], BETWEEN: [ASSOCIATION/CLUB/HOSPITAL/SCHOOL NAME] (the "First Party"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [NONPROFIT NAME] (the "Second Party"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] WITNESSETH: WHEREAS, [COMPANY NAME], operates the [ASSOCIATION/CLUB/HOSPITAL/SCHOOL], located at [FULL ADDRESS] and plans to operate the [ASSOCIATION/CLUB/HOSPITAL/SCHOOL], to be located at [FULL ADDRESS], (together the "Community [SPECIFY]"); and WHEREAS, the [STATE/PROVINCE] Board of [SPECIFY] (the "Sponsor") has entered into [NUMBER] contracts with [COMPANY NAME], one with respect to the [ASSOCIATION/CLUB/HOSPITAL/SCHOOL], dated [DATE] and one with respect to the [ASSOCIATION/CLUB/HOSPITAL/SCHOOL], dated [DATE], in accordance with Section [NUMBER] of the [STATE/PROVINCE] Code (each a "Sponsor Contract") whereby [COMPANY NAME] is authorized to establish the Community [SPECIFY]; and WHEREAS, [NONPROFIT NAME] has undertaken to manage the process of designing and building the facilities for such Community [SPECIFY], including contracting with a general contractor to construct the facilities for each of the Community [SPECIFY]; and WHEREAS, [COMPANY NAME] and [COMPANY NAME] have previously entered into an amended and restated Management Agreement, dated [DATE], which sets forth the obligations and duties of each party with respect to the implementation of Fundraiser's [SPECIFY] program at the [ASSOCIATION/CLUB/HOSPITAL/SCHOOL] (the "[SPECIFY] Agreement"); and WHEREAS, [COMPANY NAME] and [COMPANY NAME] have previously entered into a Management Agreement, dated [DATE], which sets forth the obligations and duties of each party with respect to the implementation of Fundraiser's [SPECIFY] program at the [SCHOOL/ASSOCIATION/CLUB/HOSPITAL] (the "[SPECIFY] Agreement"); and WHEREAS, the [SPECIFY] Foundation has entered into a Conditional Grant Agreement to pay any defaults by [NONPROFIT NAME] under the loan agreement for the [ASSOCIATION/CLUB/HOSPITAL/SCHOOL] ("[SPECIFY] Conditional Grant"); and WHEREAS, [COMPANY NAME] and [NONPROFIT NAME] are entering into an LLC Operating Agreement (the "LLC Agreement") of even date to form [SPECIFY]-Fundraiser LLC (the "LLC"); and WHEREAS, in order to finance the Community [SPECIFY] facilities, [COMPANY NAME] and [NONPROFIT NAME] plan to work together to raise at least [AMOUNT] in charitable contributions to [NONPROFIT NAME]. PURPOSE Purpose of the Agreement The parties agree to conduct a joint fundraising campaign to raise [AMOUNT] on behalf of and for the exclusive benefit of the Second Party in order to secure timely construction of the Community [SPECIFY] facilities and to repay in a timely manner certain funds borrowed, or to be borrowed, by the Second Party or the LLC (the "Campaign"). The campaign shall terminate [DATE]. CAMPAIGN GOALS Fundraising Obligations The parties agree to use reasonable efforts to work together through [DATE] to raise the full [AMOUNT] goal for the Campaign. Within the context of the joint Campaign, the parties will share responsibility as follows. The First Party will use reasonable efforts through [DATE] to raise [AMOUNT] toward the Campaign (the "First Party Fundraising Amount"), and the Second Party will use reasonable efforts through [DATE] to raise [AMOUNT] toward the Campaign (the "Second Party Fundraising Amount"). As part of the First Party Fundraising Amount, the First Party will use reasonable efforts to raise, by [DATE], from sources other than government entities in [STATE/PROVINCE], and from donors located outside the [STATE/PROVINCE], [STATE/PROVINCE] area, at least [AMOUNT]. It is understood that the first [AMOUNT] raised from [STATE/PROVINCE], [STATE/PROVINCE] area donors or from government entities in [STATE/PROVINCE] will be considered to count toward the fulfillment of the Second Party Fundraising Amount. Both parties agree to use reasonable efforts through [DATE] to support the entire Campaign, including any amounts to be credited to the other party's Fundraising Amount. Overall Campaign Goals The goal of the Campaign is to receive at least the following sums of charitable contributions or public grants by the dates listed: Date Amount Project [DATE] [AMOUNT] [STATE/PROVINCE] [ASSOCIATION/CLUB/HOSPITAL/SCHOOL] [DATE] [AMOUNT] [STATE/PROVINCE] [ASSOCIATION/CLUB/HOSPITAL/SCHOOL] [DATE] [AMOUNT] [STATE/PROVINCE] [ASSOCIATION/CLUB/HOSPITAL/SCHOOL] [DATE] [AMOUNT] [STATE/PROVINCE] [ASSOCIATION/CLUB/HOSPITAL/SCHOOL] [DATE] [AMOUNT] [STATE/PROVINCE] [ASSOCIATION/CLUB/HOSPITAL/SCHOOL] The dates listed in this Section 2.2 are referred to herein as "Deadline Dates." Timing of Donations Donations will be considered to have been obtained as of the date such funds are actually made available to the Second Party. Donations for which donors have made firm commitments but for which funds have not yet been forwarded to the Second Party will be counted as having been obtained by the Deadline Date if the party that arranged for such funds agrees to loan (interest free) to the Second Party the amount of such donation between the applicable Deadline Date for such donations and the actual date of receipt by the Second Party of such funds, repayment of such funds to be contingent on receipt of the pledged donation. Notwithstanding the foregoing, the First Party shall have no obligation to loan such funds to the Second Party. Recognition of Donor's Intention It is understood that if a donor specifically provides that its donation is not to be credited toward the Campaign, the [COMPANY NAME] will not count that donation toward the Campaign. COORDINATION OF EFFORT Cooperation The parties will cooperate with each other in all aspects of the Campaign. Such cooperation will include, for example, joint development of fundraising strategy, joint development of brochures or other informational material regarding the Campaign or the Community [SPECIFY], and coordination of schedules to allow for joint meetings with donors. Donor Identification Each party will work to identify potential donors to the Campaign. Prior to contacting any donor (including, among others, local or national foundations, corporations or other businesses, individuals or private foundations, or any government entity), each party will notify the other of the donors it plans to contact and will share any materials, such as letters and any supporting information, that it plans to distribute to or share with such potential donors. Meetings Upon reasonable notice, each party shall make its philanthropic personnel available in [STATE/PROVINCE], [STATE/PROVINCE] on a regular basis to ensure that the Campaign is adequately supported. The First Party support will include availability of the First Party personnel in [STATE/PROVINCE] for meetings with important donor prospects, regular status updates with the Second Party personnel, regular communication to discuss and adjust Campaign strategy, and research on prospects, individuals, foundations, and other funding sources. Costs Each party will pay its own costs related to the Campaign. However, the First Party shall bear any reasonable costs of the Second Party or [COMPANY NAME] related to the solicitation of funds from non-[STATE/PROVINCE] government entities or from donors outside of the [STATE/PROVINCE], [STATE/PROVINCE] area whose funds are to be credited to the First Party Fundraising Amount or with whom First Party initiated contact. Confidentiality/Description of the Campaign to Donors

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