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Advised Fund

AMIABLE AID FOUNDATION FUND (AAFF)

Section 1. Establishment and Purpose
1.1 AmiableAID FOUNDATION Fund (hereinafter "AAFF") has authorized and ratified the establishment of Donor-Advised Funds by Resolution of the Board of Trustees (hereafter "Board"). This Resolution authorizes the adoption of these procedures for the administration of Donor-Advised Funds. These procedures may be amended from time to time, when deemed necessary or desirable by the Board.

1.2 Establishment of Donor-Advised Funds. Donor-Advised Funds may be established by the donation or transfer by any person (hereinafter "Donor") to AAFF of money or property, whether by contribution, gift, bequest, or devise or by transfer from a charitable or other organization (hereinafter "contribution"), to further or carry out the purposes of AAFF, as set forth in its Trust Deed. Donor-Advised Funds shall be administered as a component fund of AAFF.

1.3 Nature and Terms of Donor-Advised Funds. Each Donor-Advised Fund shall be the property of AAFF owned by it in its Trusteeship capacity. In such capacity, AAFF shall have the ultimate authority and control of all property in the Donor-Advised Fund, and the income derived therefrom, for the charitable purposes of AAFF. Each Donor-Advised Fund may be recorded on the books and records of AAFF as an identifiable or separate fund and may be given a name or other appropriate designa¬tion as requested by the Donor.

1.4 Incorporation of Governing Instruments of AAFF. AAFF shall hold and administer each Donor-Advised Fund under the terms and conditions set out in the agreement with the Donor and subject to the terms and conditions set forth in AAFF 's governing instruments as amended from time to time, any applicable resolutions of AAFF 's Board of Trustees, and these procedures for the administration of Donor-Advised Funds, as amended from time to time. Consistent with the foregoing, the Board of Trustees of AAFF shall have the power to modify any restriction or condition on distributions from a Donor-Advised Fund for any specific charitable purpose if, in the sole judgment of the Board of Trustees, the restriction or condition becomes, in effect, unnecessary, incapable of fulfilment, or inconsistent with the charitable needs served by AAFF.

1.5 Forms. The Managing Trustee of AAFF is authorized to provide forms for the establishment of Donor-Advised Funds and such other forms as are necessary or desirable for the administration of Donor-Advised Funds in accordance with these procedures.

Section 2. Acceptance of Donor-Advised Funds
2.1 Authorization. The Financial Trustee of AAFF (or such additional officers or employees of AAFF as the Board may from time to time authorize) shall have the authority to accept, on behalf of AAFF, contributions to establish or add to a Donor-Advised Fund. A Donor may not impose any material restriction or condition that prevents AAFF from freely and effectively employing the contributed assets, or the income derived therefrom, in furtherance of a charitable purpose of AAFF.

2.2 Value. The minimum amount to establish a Donor-Advised Fund is Rs. 1,00,000. AAFF will not certify to a Donor the value of a contribution of any property.

2.3 Interests in Business Enterprise. AAFF shall not accept a contribution of stock in a corporation, of a profits interest or capital interest in a partnership, or of another form of interest in a business enterprise if the acceptance of such contribution is reasonably likely to render AAFF liable for the taxes.

Section 3. Investment of Donor-Advised Fund Assets
3.1 Responsibility. AAFF has the sole responsibility and authority for the investment of the assets of each Donor-Advised Fund. The assets of any Donor-Advised Fund may be commingled with those of other Donor-Advised Funds, or with other funds of AAFF, or may be invested in units of a common investment fund which may be established or utilized by AAFF. However, AAFF shall have no obligation to commingle the assets for investment purposes and may, in its discretion, retain any assets received or hold the assets of a Donor-Advised Fund as a separate unit for investment purposes.

3.2 Administration. Decisions with respect to the retention, investment, or reinvestment of assets and with respect to commingling of assets shall be made by the Board, or by a committee, agent or director authorized by the Board, in accordance with regular procedures. All Donor-Advised Funds may be charged an appropriate allocation of direct and indirect expenses attributable to the creation and maintenance of such funds as determined by the Board from time to time.

3.3 Policies. AAFF may adopt specific policies governing the investment of the assets of each Donor-Advised Fund and may amend such policies from time to time, when deemed necessary or desirable by the Board.

Section 4. Distributions from the Donor-Advised Fund
4.1 In General. The Board has the right to direct all distributions of income (or principal if permitted by the creating document) of Donor-Advised Funds. In some instances, AAFF will condition its acceptance of the contribution upon all or part of the principal of the Donor-Advised Fund being preserved as part of AAFF's unrestricted endowment after the expiration of the period of time set forth in Section 4.2 below. As an alternative option, the balance of a Donor-Advised Fund may be converted into (or added to) a designated or field of interest fund or treated as a short-term fund if so designated in writing at the time the Donor-Advised Fund is created. The Donor of a Donor-Advised Fund (or his designee, as permitted in Section 4.2 below) may, after the contribution of money or property to a Donor-Advised Fund, recommend to AAFF the making of distributions from the Donor-Advised Fund which are consistent with the specific charitable needs of AAFF. AAFF shall consider and evaluate all such recommendations, but such recommendations will be solely advisory and AAFF is not bound by such recommendations.

4.2 Donors and Their Designees Accorded the Privilege of Making Recommen¬dations. The privilege of making recommendations (as described in section 4.1 above) shall be extended to Donors and their designees, subject to the following:

    (a) Individuals. An individual Donor may name successor(s) to make recommendations during his or her life or after his or her death. The successor(s) to the Donor may be anyone the initial Donor chooses, including but not limited to a spouse, domestic partner, sibling, other family member, friend or advisor.

    (b) Corporations. A corporate Donor that establishes a Donor-Advised Fund will have the privilege of making recommendations. The privilege of making recommendations may be limited at the discretion of AAFF. Such corporation, or those acting on its behalf, shall designate one or more person(s) (and may designate his, her or their successor(s)) to submit the recommendations of the corporation to AAFF.

A person having the privilege of making recommendations, as provided above, shall be regarded as a person for purposes of the limitations on distributions from a Donor-Advised Fund set out in section 4.4 below, in order to assure AAFF 's compliance with applicable provisions of the Income tax laws. In the following Sections, the term, "Donor Advisor" refers to persons having the privilege of making recommendations as provided above and, unless the context clearly indicates otherwise, the term Donor includes any Donor Advisor and the Section applies both to Donors and Donor Advisors.

4.3 Charitable Needs for Which Distributions May Be Made. The Board, with the assistance of the Managing Trustee, shall enumerate specific charitable needs to which distributions from Donor-Advised Funds may be made and shall from time to time determine the charitable needs most deserving of support from such funds. There is attached, as Annexure A, a list of such specific charitable needs enumerated at the time of approval of these procedures (see "List of Charitable Needs), which list shall be maintained at AAFF 's office, revised from time to time, and made available to all interested persons. It is the policy of AAFF to encourage recommendations from all sources, including from persons other than Donors, for inclusion of programs, projects, and activities in the list of specific charitable needs.

4.4 Limitations. The following limitations apply to all distributions from Donor-Advised Funds:

    (a) Minimum Distribution: The minimum amount of any one distribution from a Donor-Advised Fund shall be Rs. 20,000, although the Board may, from time to time, set a higher limitation.

    b) Distributions From Corpus: A Donor of a Donor-Advised Fund shall have the privilege of making recommendations as to distributions out of the corpus of a Donor-Advised Fund. Such privilege shall not apply, however (or shall apply to only a portion of the corpus), if the Donor and AAFF agree at the time the Donor-Advised Fund is created that the entire corpus (or a percentage thereof) shall be preserved as part of AAFF after the expiration of the period of time set forth in Section 4.2 above. As an option, the percentage balance of a Donor-Advised Fund shall become (or be added to) a designated or field of interest fund, or treated as a short-term fund if so designated in writing at the time the Donor-Advised Fund is created.

(c) No Distributions to Individuals. AAFF will not make a distribution to a natural person from a Donor-Advised Fund. d) All Distributions Must Be Made for Charitable Purposes. AAFF, as a Charitable Trust, will not make any distribution from a Donor-Advised Fund except as a distribution from AAFF for its charitable purposes.

(e) Distributions May Not Result in Tangible Benefits to Donor. Neither the Donor nor any other person may receive, directly or indirectly, any tangible benefit or privilege in return for a distribution from a Donor-Advised Fund. No distributions from a Donor-Advised Fund may be used to discharge or satisfy a legally enforceable pledge or obligation of any person, including the Donor. Neither the Donor nor any Donor Advisor nor any person related to the Donor or a Donor Advisor may receive, directly or indirectly, more than an incidental benefit as a result of a distribution from a Donor-Advised Fund (such as a benefit provided by the recipient of the distribution).

(f) No Distributions to Donors or to Donor Advisors. AAFF will not make a distribution from a Donor-Advised Fund to a Donor, any Donor Advisor or any person related to the Donor or a Donor Advisor regardless of whether the distribution is in the form of a grant, loan, compensation, or similar payment.

Specific Charitable Needs Most Deserving of Support
From Donor-Advised Funds of the AmiableAID FOUNDATION Fund

Annexure - A

The following are categories of specific charitable needs consistent with the purposes of AAFF as determined by its Board. These categories reflect the broad scope of purposes of AAFF and the interests of the people desiring to support AAFF in advancing human needs through a wide range of activities. In determining its priorities, AAFF acknowledges the benefits derived from constructive projects in the Disability Sector. This range of priorities has been the traditional concern of AAFF and the philanthropic basis upon which it was organized and has operated.

Since unanticipated or unusual needs may arise, it may be necessary to make exceptions to or modification of the following list of needs for emergency situations or innovative projects determined by AAFF as most deserving of support at the time. Further, in view of the necessity to meet changing conditions and to adjust to current responsibilities, the following list of needs may be changed or supple¬mented from time to time, as determined by the Board.

Needs by Categories
The single theme that underpins all of the work of AAFF is to improve the Status of the persons with physical and intellectual challenge. Consistent with this theme, AAFF seeks to benefit projects that improve: Physical health, Mental Health, livelihood and spiritual health.

Specific charitable need at this juncture: AMIABLE AID set out to expanding its outfit to Tiruchirapalli. At present the mobilizing funds is being used for new building construction to be constructed.