11. Terms and Required Signatures
* Indicates a Required Field
The Donor(s) establish(es) this Fund with the Community Foundation of Sarasota County.
The current fund advisors may make recommendations for grants and other administrative matters, unless otherwise noted herein. If two (2) or more advisors are named, any may act alone, unless stated in the Fund Agreement. Upon the death, resignation or incapacity to serve as advisor to the Fund, then the Successor Advisor will then have advising rights to the Fund. If two or more persons are eligible to be successor advisors, then a recommendation by a majority of such persons shall constitute an effective grant recommendation for consideration by the Community Foundation, unless otherwise noted herein.
If the persons named in this document or after the date of this document are not available to advise and consult with the Community Foundation due to death, resignation, or incapacity to serve, the Community Foundation shall have the sole discretion to make grants from the Fund.
The Community Foundation’s administrative fee schedule is shown in Section 12. The fee schedule is subject to modification and may be increased or decreased at the sole discretion of the Community Foundation.
Donor(s) intends that this Fund, and any distributions from this Fund, shall be administered in accordance with the 1.) Procedures for Establishment and Operation of Funds and Affiliated Organizations of the Community Foundation of Sarasota County, Inc. (“Procedures”); 2.) Articles of Incorporation of the Community Foundation of Sarasota County, Inc. (“Articles”); and 3.) Bylaws of the Community Foundation of Sarasota County, Inc. (“Bylaws”), as may be amended from time to time.
By typing your name(s) in the field(s) below, you certify the above information to be true and correct, confirm you have the authority to sign this form, and agree that this is valid as your signature.