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Donation Letter of Intent

This letter of intent outlines the terms of a donation from a donor to a donee organization. The donor wishes to make either a one-time monetary donation of a specified amount, a monthly pledge of a set amount for a designated time period, or an annual pledge of a set amount for a number of years. The donation is to be used for a purpose specified by the donor. The donee may need to alter the donation designation to ensure priorities are met. The donor can choose to remain anonymous or be recognized. The letter specifies requirements around payment methods, organization tax status, currency, governing laws, and acceptance of terms.
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0% found this document useful (0 votes)
158 views

Donation Letter of Intent

This letter of intent outlines the terms of a donation from a donor to a donee organization. The donor wishes to make either a one-time monetary donation of a specified amount, a monthly pledge of a set amount for a designated time period, or an annual pledge of a set amount for a number of years. The donation is to be used for a purpose specified by the donor. The donee may need to alter the donation designation to ensure priorities are met. The donor can choose to remain anonymous or be recognized. The letter specifies requirements around payment methods, organization tax status, currency, governing laws, and acceptance of terms.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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LETTER OF INTENT TO DONATE

______________________
______________________
______________________

Effective Date: ______________________

______________________
______________________
______________________

RE: Donation to Qualified Organization

This donation letter of intent (the “Letter of Intent”) represents the basic terms for an agreement
that shall be considered ☐ binding ☐ non-binding. After this Letter of Intent has been made, a
formal agreement may be constructed to the benefit of the Parties involved.

I. The Donor: ______________________ (the “Donor”).

II. The Donee: ______________________ (the “Donee”).

III. The Donation: Choose One (1)

☐ One-time Monetary Donation: The Donor wishes to make a one-time monetary donation to
the Donee in the amount of $____________.

☐ Monthly Pledge: The Donor wishes to make a monthly donation of $____________ to the
Donee beginning ______________________ and ☐ ending ______________________ for a
total donation of $____________ OR ☐ ongoing until further notice.

☐ Annual Pledge: The Donor wishes to make an annual donation of $____________ to the
Donee each year for ___ years, beginning ______________________ for a total donation of
$____________.

☐ Other: The Donor wishes to donate the following to the Donee: _______________________
____________________________________________________________________________
____________________________________________________________________________.
 
IV. Donation Designation: The above-described donation should be used for the following
purpose(s): __________________________________________________________________
____________________________________________________________________________.

V. Alterations to Donation Designation: The Donee may need to alter the donation
designation to ensure that current priorities are met. Should this be required, the Donee will
respect the initial intent of this letter as closely as possible.

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VI. Donation Recognition: Choose One (1)

☐ The Donor agrees to be recognized for the donation under the following name(s):
____________________________________________________________________________.

☐ The Donor wishes to remain anonymous.

VII. Method of Payment: (Monetary Donations Only)

☐ Cash or Check (If paying by check, make check payable to ______________________.)

☐ Credit Card – Card Information:


________________________________________________.

☐ Automatic Withdrawal (attach void check)

The Donor authorizes the Donee to withdrawal funds from his/her financial institution account.

Donor’s Signature ______________________ Date______________________

VIII. Organization Type: The Donee is an organization that is: Choose One (1)

☐ Classified as a 501(c)(3) non-profit organization by the standards of the Internal Revenue


Service (IRS). Therefore, the donation may be tax-deductible to the extent allowed by law.

☐ Not classified as a 501(c)(3) non-profit organization by the standards of the Internal Revenue
Service (IRS).

IX. Currency: All mentions of currency or the usage of the “$” icon shall be known as referring
to the US Dollar.

X. Governing Law: This Letter of Intent shall be governed under the laws of the State of
___________________.

XI. Acceptance: If you are agreeable to the aforementioned terms, please sign and return a
duplicate copy of this Letter of Intent by no later than _________________________________.

DONOR

Donor’s Signature ______________________ Date ______________________

Print Name ______________________

DONEE

Authorized Signature ______________________ Date ______________________

Print Name ______________________

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