Grant Agreements

Protecting Your Philanthropic Goals When Making a Major Gift

My mother donated significant funds to our local hospital to endow a children’s health initiative. This went well for several years, but after she died, I learned that the project had been discontinued and that her funds were redirected to a construction project. I can just imagine my mother rolling over in her grave. Could this scenario have been prevented at the time she made the gift?

[callout]Major gifts are rarely simple and often include complex philanthropic goals—more than can be covered in a conversation and a handshake.[/callout]

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