Contributed Amount Used Solely for Charitable Purposes for the Center Programs Clause Samples

This clause ensures that any funds contributed are exclusively used for charitable purposes related to the Center's programs. In practice, it restricts the use of donated money so that it cannot be diverted to administrative costs, personal gain, or non-charitable activities, and may require tracking or reporting to confirm compliance. The core function of this clause is to guarantee donors that their contributions directly support the intended charitable initiatives, thereby fostering trust and transparency.
Contributed Amount Used Solely for Charitable Purposes for the Center Programs a. Tax Status. According to IRS records, the Foundation is an organization described within the meaning of Internal Revenue Code (the “Code”) sections 501(c)(3) and 509(a)(1). The University has furnished the Donor with records showing that it is an organization described in Code section 170(c)(1) or 511(a)(2)(B). The Foundation and the University shall immediately notify the Donor if their respective tax statuses change.
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Contributed Amount Used Solely for Charitable Purposes for the Center Programs a. Tax Status. According to IRS records, the University is an organization described within the meaning ofInternal Revenue Code (the "Code") sections 501(c)(3) and 509(a)( I). The University shall immediately notify the Donor if its tax status changes.
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Contributed Amount Used Solely for Charitable Purposes for the Center Programs a. Tax Status. According to IRS records, the tfoundation is an organization described within the meaning oflnternal Revenue Code (the "Code") sections 50 I (c)(3) and 509(a)(1). The University has furnished the Donor with records showing that it is an organization described in Code section 170(c)( l) or 511(a)(2)(B). The tfoundation and the University shall immediately notify the Donor if their respective tax statuses change.
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Contributed Amount Used Solely for Charitable Purposes for the Center Programs 
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