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Fundraising Agreement  Form

Fundraising Agreement Form

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What is the fundraising agreement?

A fundraising agreement is a formal document that outlines the terms and conditions under which funds are raised for a specific cause or organization. This agreement serves to protect both the fundraiser and the donors by clearly defining the responsibilities and expectations of each party involved. It typically includes details such as the purpose of the fundraising, the duration of the campaign, and how the funds will be used. By establishing these parameters, a fundraising agreement helps ensure transparency and accountability throughout the fundraising process.

Key elements of the fundraising agreement

Understanding the essential components of a fundraising agreement is crucial for effective fundraising efforts. Key elements typically include:

  • Parties involved: Identification of the organization conducting the fundraising and the individuals or entities supporting it.
  • Purpose: A clear statement of the cause or project for which funds are being raised.
  • Duration: The timeframe during which the fundraising activities will take place.
  • Use of funds: Detailed information on how the raised funds will be allocated and utilized.
  • Reporting requirements: Expectations for financial reporting and transparency to donors.

Steps to complete the fundraising agreement

Completing a fundraising agreement involves several important steps to ensure its validity and effectiveness:

  1. Draft the agreement: Begin by outlining the key elements discussed, ensuring clarity and detail.
  2. Review legal requirements: Check for any specific state or federal regulations that may apply to fundraising activities.
  3. Obtain necessary signatures: Ensure that all parties involved sign the agreement to make it legally binding.
  4. Distribute copies: Provide all parties with a copy of the signed agreement for their records.

Legal use of the fundraising agreement

For a fundraising agreement to be legally binding, it must comply with relevant laws and regulations. This includes adherence to the Electronic Signatures in Global and National Commerce (ESIGN) Act and the Uniform Electronic Transactions Act (UETA), which govern the legality of electronic signatures. Additionally, it is essential to ensure that the agreement does not violate any state-specific fundraising laws, which may require registration or specific disclosures to donors.

Examples of using the fundraising agreement

Fundraising agreements can be utilized in various contexts, including:

  • Nonprofit organizations: To formalize agreements with donors for specific projects or campaigns.
  • Schools: For fundraising events such as bake sales or auctions to support educational programs.
  • Community groups: To outline terms for fundraising events aimed at local initiatives, such as park improvements or community services.

How to use the fundraising agreement

Using a fundraising agreement effectively involves several steps:

  • Customize the template: Tailor the agreement to fit the specific needs of your fundraising campaign.
  • Communicate with stakeholders: Discuss the agreement with all parties involved to ensure mutual understanding and agreement.
  • Implement the agreement: Follow the outlined terms during the fundraising process, maintaining transparency and accountability.

Quick guide on how to complete fundraising agreement form

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  1. Find fundraising agreemtns and click Get Form to begin.
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  4. Create your signature using the Sign feature, which takes mere seconds and carries the same legal validity as a traditional ink signature.
  5. Review all the details and click on the Done button to save your changes.
  6. Choose how you would like to send your form, by email, text message (SMS), or invitation link, or download it to your computer.

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