This non-profit partnership agreement template has 4 pages and is a MS Word file type listed under our legal agreements documents.
Sample of our non-profit partnership agreement template:
NON-PROFIT PARTNERSHIP AGREEMENT This Non-Profit Partnership Agreement (the "Agreement") is effective [DATE], BETWEEN: [NON-PROFIT ORGANIZATION 1 NAME] (the "First Partner"), a non-profit organization organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its principal place of business located at: [YOUR COMPLETE ADDRESS] AND: [NON-PROFIT ORGANIZATION 2 NAME] (the "Second Partner"), a non-profit organization organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its principal place of business located at: [COMPLETE ADDRESS] RECITALS: WHEREAS, the First Partner and the Second Partner share a mutual commitment to [COMMON MISSION OR GOAL], and wish to collaborate to achieve greater impact in [SPECIFIC AREA OF FOCUS]; WHEREAS, the First Partner and the Second Partner have determined that entering into a partnership agreement is the most advantageous form of collaboration for their mutual purposes; WHEREAS, the First Partner and the Second Partner agree to form a non-profit partnership (the "Partnership") under [LAW, CODE, OR ACT]; NOW, THEREFORE, in consideration of the mutual covenants and promises contained herein, the Parties hereto agree as follows: NAME AND DOMICILE Name: The name of the Partnership shall be [PARTNERSHIP NAME]. Principal Place of Business: The principal place of business shall be at [ADDRESS], [CITY], [STATE/PROVINCE], unless relocated by consent of the partners. PURPOSES 2.1 Purpose: The purposes of the Partnership are to engage in the activities of [DESCRIBE NON-PROFIT ACTIVITIES] and to conduct other activities as may be necessary or incidental to or desirable in connection with the foregoing. DURATION OF AGREEMENT 3.1 Term: The term of this Agreement shall be for [NUMBER OF YEARS] years, commencing on [START DATE] and terminating on [END DATE], unless sooner terminated by mutual consent of the Parties or by operation of the provisions of this Agreement. ROLES AND RESPONSIBILITIES 4.1 Classification of Partners: Partners shall be classified as active partners, advisory partners, or honorary partners. 4.2 Performance by Partners: Each active partner shall apply all of their experience, training, and ability in discharging their assigned functions within the Partnership and in performing all work necessary or advantageous to further the non-profit goals of the Partnership. CONTRIBUTIONS 5.1 Financial Contributions: Each partner shall contribute [AMOUNT] on or before [DATE], to be used by the Partnership to establish its financial base. Any additional contributions required shall be determined and agreed upon in accordance with the Partnership's mission. 5.2 Non-Financial Contributions: Each partner shall also contribute non-financial resources, including but not limited to time, expertise, and access to networks, as necessary to achieve the Partnership's objectives MANAGEMENT OF THE PARTNERSHIP 6.1 Management Structure: The Partnership shall be managed by [SPECIFY MANAGEMENT BODY OR INDIVIDUALS]. Subject to the limitations specifically contained in this Agreement, the managing body shall have the full, exclusive, and absolute right, power, and authority to manage and control the Partnership and its activities. 6.2 Powers of Management: Without limiting the generality of the foregoing, the managing body shall have the power to: a) Develop and implement strategic plans to achieve the Partnership's goals. b) Oversee the day-to-day operations of the Partnership. c) Manage the Partnership's financial resources. d) Engage in fundraising activities. e) Enter into contracts and agreements on behalf of the Partnership. f) Perform any other acts deemed necessary or appropriate for the Partnership's success. TRANSFER OF PARTNERSHIP INTERESTS 7.1 Restrictions on Transfer: Since the Partnership operates as a non-profit entity, no partner may transfer, assign, or sell any ownership interest in the Partnership, as there is no equity ownership in a non-profit. Any transfer of responsibilities or roles within the Partnership must be mutually agreed upon by all partners in writing. New partners or organizations may only be admitted into the Partnership with the unanimous consent of the existing partners. 7.2 No Equity Rights: As this Partnership is non-profit in nature, partners do not have any right to financial interest or equity in the Partnership. Any funds or assets contributed to the Partnership are considered charitable contributions to further the Partnership's mission and cannot be reclaimed upon withdrawal or termination of a partner's involvement. DISSOLUTION AND TERMINATION OF THE PARTNERSHIP 8.1 Dissolution Events: The Partnership shall be dissolved and its affairs wound up upon the happening of any of the following: a) Mutual agreement of the partners. b) Completion of the Partnership's purpose. c) [OTHER REASONS]. BUSINESS EXPENSES 9.1 Expenses: All expenses incurred in furtherance of the Partnership's objectives, including operational costs, program expenses, and any other relevant costs, shall be paid out of the Partnership's funds. MEETINGS 10.1 Place of Meetings: Meetings of the partners may be held at any place within or without [STATE/PROVINCE], as determined by the partners, but will generally be held at [LOCATION]. 10
