The grant recommended does not represent the payment of any pledge or other financial obligation of any donor, donor advisor, or related person or 35% controlled entity (“Interested Parties”). No Interested Party will accept any benefits or privileges offered in connection with these grants, including good and services (such as auction items), admission to charitable events, payment of dues or membership, or discounts to the foregoing. I agree the following donation is irrevocable and for charitable, educational, or religious purposes under the sole discretion of Endaoment.Endaoment will perform due diligence to ensure that the Funds are being directed to a qualified charitable organization and in accordance with Endaoment policy. If the staff determines that a grant does not satisfy this requirement, the Fund Advisor shall be so advised. All grants are transferred directly to the grantee organization when their pending balance meets or exceeds $25, or within 45 days of the month end where the donation was received, based on consent of the recipient organization. If a grant is recommended in response to an individual Fundraising campaign on behalf of an organization, Endaoment will send the grant to the organization along with a copy of the grant award letter to the individual Fundraiser at your request. Please note that grants may not pay for a pledge made by the donor to the receiving organization. Any distribution from a Fund, unless otherwise requested by the Fund Advisor, shall identify to the grantee organization the name of the Fund from which the distribution is made and the Ethereum address of the Fund’s contract. To assure compliance with the Internal Revenue Code, grants are not permitted to private non-operating foundations or for non-charitable purposes; to individuals; for political contributions or to support political campaign activities. Neither the Fund Advisor(s) nor any related party may receive any benefit or privilege in return for a grant from the Fund. This includes, but is not limited to, tickets to events, auction items, memberships other than religious institutions, school tuition. The Fund may not pay the tax-deductible portion of a ticket or membership, while the Fund Advisor pays the non-deductible portion out of their pocket. Example: if a charity’s Fundraising event is $200 per person, and the charity states that $100 is tax deductible, and $100 is for the non-tax-deductible ticket, you may not divide the support between a Donor-Advised Fund and your personal check. You must pay the full $200 personally. A grant will not be permitted where but for its payment the charity would not receive the full event price. No distribution from the Fund may be used to satisfy a legally enforceable pledge or obligation. Donors can only make non-binding recommendations from their Donor-Advised Fund; they cannot control when and how Endaoment will make grants nor control decisions about which grantees will receive Funding.