[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-277191-105":3,"detail-sidebar-cat-1-en-105":81,"doc-detail-277191-en":126},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":10,"keywords":11,"description":12,"schema_data":13,"social_meta":74,"head_meta":76,"extra_data":78,"updated_unix":80},105,"en","letter-of-commitment","Letter of Commitment","","A donor pledge commitment form for Winthrop University Foundation, covering an intended gift amount and purpose, with instructions that the commitment is a debt against the donor’s estate. The donor authorizes payment of any outstanding balance through an executor or representative after death and acknowledges how the Foundation may use and publicly acknowledge the gift. 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The form notes IRS regulations that prohibit a Donor Advised Fund sponsor from referencing this commitment when making distributions, and advises donors to consult a tax advisor if using Donor Advised Fund grants to satisfy part of the commitment.","https://schema.org",{"og:url":32,"og:type":75,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":77,"canonical":32},"index,follow",{"doc_id":79,"site_id":7},277191,1789498587,{"code":4,"msg":82,"data":83},"success",[84,89,94,99,103,108,113,117,122],{"id":85,"doc_module":22,"doc_module_name":25,"category_name":86,"show_sort_weight":87,"slug":88},11,"Presentations",90,"presentations",{"id":90,"doc_module":22,"doc_module_name":25,"category_name":91,"show_sort_weight":92,"slug":93},12,"Resumes",80,"resumes",{"id":95,"doc_module":22,"doc_module_name":25,"category_name":96,"show_sort_weight":97,"slug":98},14,"Invoices",70,"invoices",{"id":55,"doc_module":22,"doc_module_name":25,"category_name":100,"show_sort_weight":101,"slug":102},"Posters",60,"posters",{"id":104,"doc_module":22,"doc_module_name":25,"category_name":105,"show_sort_weight":106,"slug":107},16,"Social Media",50,"social-media",{"id":109,"doc_module":22,"doc_module_name":25,"category_name":110,"show_sort_weight":111,"slug":112},17,"Forms",40,"forms",{"id":114,"doc_module":22,"doc_module_name":25,"category_name":29,"show_sort_weight":115,"slug":116},18,30,"letters",{"id":118,"doc_module":22,"doc_module_name":25,"category_name":119,"show_sort_weight":120,"slug":121},21,"Paper Templates",5,"papers-templates",{"id":123,"doc_module":22,"doc_module_name":25,"category_name":124,"show_sort_weight":4,"slug":125},158,"General","general-158",{"code":4,"msg":82,"data":127},{"doc_id":79,"user_id":128,"nickname":42,"user_avatar":129,"doc_module":22,"category_id":114,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":55,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":22,"language":135,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":136,"faqs":137,"seo_title":138,"seo_description":12,"update_tm":80,"read_time":4},1099523885336,"https://ap-avatar.wpscdn.com/davatar_276721f389ce27ea32af1340a28f341c","LETTER OF COMMITMENT  \nIn furtherance of my interest in advancing the work and mission of Winthrop University, I, on behalf of myself and in the event of death, on behalf of my estate pledge the sum of   to the Winthrop University Foundation. I (we) recognize this commitment as a debt against my estate and direct my executor, administrator, trustee, or other personal representative to pay any outstanding balance on this commitment as soon as possible from the date of my death. My gift shall be used for the purpose of contributing to the  . The Foundation may publicly acknowledge this gift upon proper Donor authorization.  \nAs a service to donors, the Winthrop University Foundation will mail a pledge reminder statement on the anniversary date of the pledge unless noted otherwise below. I understand that an IRS qualified gift receipt will be sent directly from the Foundation as gifts are received. I intend to make gifts per this installment schedule.  \n\n| Pledge Payment | Date (Month, Year) |\n| --- | --- |\n|  |  |\n|  |  |\n|  |  |\n|  |  |\n|  |  |\n\nI recognize that Winthrop University and Winthrop University Foundation, in consideration of and as consideration for this pledge and gift, will rely on this pledge and gift in securing the commitments of others. Further, on the same basis, the University and/or Foundation may anticipate this gift in authorizing the payment of expenses of the University and/or the Foundation consistent with the purposes described above. I acknowledge that IRS regulations prohibit a Donor Advised Fund sponsor from making any reference to this commitment in connection with any distribution.  \nThis Letter of Commitment shall be interpreted under the laws of South Carolina. Donors planning to use grants from a Donor Advised Fund to satisfy part of this commitment should consult their tax advisor. In the event of unforeseen circumstances, I will contact officials at the Foundation and work with them to develop a new pledge schedule.  \nSignature:  \nDonor  \nAccepted by:  \nWinthrop University Foundation  \nDonor RE ID \\#:   \nDevelopment Officer:    \nDate  \nDate","cbCaikCWuOoM24Zk","https://ap.wps.com/l/cbCaikCWuOoM24Zk","pdf",124691,"English","# Letter of Commitment\n## Pledge amount, purpose, and estate responsibility\n## Acknowledgements, reminder statement, and IRS receipt\n## Installment schedule table\n## Reliance, donor advised fund restrictions, and legal terms\n## Signatures and acceptance fields","[{\"question\":\"What does the donor acknowledge about the pledge and the donor’s estate?\",\"answer\":\"The donor recognizes the commitment as a debt against the donor’s estate and directs the executor, administrator, trustee, or other representative to pay any outstanding balance as soon as possible after the donor’s death.\"},{\"question\":\"How will the Winthrop University Foundation communicate the pledge?\",\"answer\":\"Unless noted otherwise, the Foundation mails a pledge reminder statement on the anniversary date of the pledge. The Foundation also sends an IRS-qualified gift receipt directly as gifts are received.\"},{\"question\":\"What legal and tax-related rules apply to this commitment?\",\"answer\":\"The letter is interpreted under South Carolina laws. The form notes IRS regulations that prohibit a Donor Advised Fund sponsor from referencing this commitment when making distributions, and advises donors to consult a tax advisor if using Donor Advised Fund grants to satisfy part of the commitment.\"}]","Letter of Commitment | PDF"]