Walk across almost any campus and you will pass a dozen promises. A hall, a lab, a scholarship, a reading room, each one carries a name because a donor gave, and the institution agreed to something in
Read MoreA gift agreement is not a photograph. It is a relationship that runs for years, and over those years things change. A donor restructures a pledge after a business sale. A program the fund was meant to
Read MoreAsk ten advancement shops what a gift agreement file contains and you will get ten answers. Most of them start with "the signed agreement" and trail off. That trailing off is the problem. The signed p
Read MoreA gift agreement is a list of promises, made in both directions. The donor commits to a gift; the institution commits to how it will be recognized, restricted, reported on, and remembered. The first p
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