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Conditional Donation Agreement

Conditional Donation Agreement Template for Australia

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Key Requirements PROMPT example:

Conditional Donation Agreement

"I need a Conditional Donation Agreement for a corporate donation of $500,000 to a university research center, with the condition that the funds must be used exclusively for climate change research and quarterly progress reports must be submitted throughout 2025."

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Document background
The Conditional Donation Agreement is essential for situations where a donor wishes to make a significant gift subject to specific conditions or requirements. This document is commonly used in Australia by individuals, corporations, and foundations making substantial donations to charitable organizations, educational institutions, or other eligible recipients. The agreement typically includes details about the donation amount or nature, specific conditions for its use, reporting requirements, and circumstances for return of funds. It ensures compliance with Australian taxation laws, the Charities Act 2013, and relevant state legislation. The Conditional Donation Agreement is particularly important for protecting both the donor's intentions and the recipient's interests, while providing a clear framework for the administration and oversight of the donation.
Suggested Sections

1. Parties: Identifies the donor and recipient, including their full legal names, addresses, and any relevant registration numbers (e.g., ACN, ABN)

2. Background: Outlines the context of the donation, the recipient's status (e.g., charitable organization), and the general purpose of the agreement

3. Definitions: Defines key terms used throughout the agreement

4. Donation Amount and Nature: Specifies the amount or nature of the donation (monetary or in-kind)

5. Conditions of Donation: Details the specific conditions that must be met for the donation to be made or retained

6. Timing and Payment Mechanism: Specifies when and how the donation will be made

7. Use of Donation: Stipulates how the donation must be used and any restrictions on its use

8. Reporting Requirements: Outlines the recipient's obligations to report on the use of funds and compliance with conditions

9. Return of Donation: Specifies circumstances under which the donation must be returned

10. Tax and Regulatory Compliance: Addresses tax deductibility and regulatory compliance requirements

11. General Provisions: Standard contract clauses including governing law, notices, and amendment procedures

Optional Sections

1. Recognition and Acknowledgment: Details how the donor will be acknowledged or recognized, if requested

2. Confidentiality: Include when parties wish to keep the donation or its terms confidential

3. Dispute Resolution: Detailed dispute resolution procedures, recommended for large donations

4. Additional Parties: Include when there are guarantors or multiple donors/recipients

5. Investment Guidelines: Include for endowment-style donations that require specific investment approaches

6. Project Milestones: Include when the donation is tied to specific project achievements

7. Insurance Requirements: Include when specific insurance coverage is required for funded activities

Suggested Schedules

1. Payment Schedule: Details of payment installments and timing if the donation is to be made in multiple tranches

2. Specific Conditions: Detailed description of conditions and their measurement criteria

3. Reporting Template: Template for required progress reports and financial acquittals

4. Asset Schedule: Description of assets if the donation is in-kind rather than monetary

5. Project Plan: Detailed plan of the project or initiative being funded, if applicable

6. Tax Requirements: Specific tax forms or requirements that must be met

7. Recognition Guidelines: Detailed specifications for donor recognition if applicable

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions

































Clauses






























Relevant Industries

Charity & Non-Profit

Education

Healthcare

Arts & Culture

Environmental Conservation

Social Services

Religious Organizations

Research & Development

Community Development

Sports & Recreation

International Aid

Indigenous Affairs

Relevant Teams

Legal

Finance

Philanthropy

Development

Compliance

Tax

Corporate Social Responsibility

Trust Administration

Fundraising

Grant Management

Relevant Roles

Legal Counsel

Philanthropy Manager

Chief Financial Officer

Development Director

Grants Manager

Compliance Officer

Tax Advisor

Foundation Director

Charitable Giving Coordinator

Major Gifts Officer

Trust Administrator

Non-Profit Executive Director

Fundraising Manager

Corporate Social Responsibility Manager

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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