The Charitable Pledge Agreement is a crucial document used in Austrian philanthropic transactions to formalize significant charitable commitments. It is particularly important when donors wish to make substantial or structured donations, whether as single payments or multiple installments, and need to ensure their contributions are properly documented and legally binding under Austrian law. The agreement includes essential details such as the pledge amount, payment schedule, use restrictions, and tax considerations, while complying with the Austrian Civil Code and Federal Fiscal Code requirements. This document type is commonly used by private foundations, wealthy individuals, and corporations making major charitable commitments, and it helps protect both the donor's philanthropic intentions and the recipient organization's interests. The agreement becomes especially relevant when the donation involves specific conditions, recognition rights, or reporting requirements.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identification of the donor (pledgor) and the charitable organization (pledgee), including full legal names, addresses, and registration details
2. Background: Context of the pledge, including the charitable organization's mission and the intended impact of the donation
3. Definitions: Key terms used throughout the agreement, including 'Pledge Amount', 'Charitable Purpose', and 'Payment Schedule'
4. Pledge Commitment: Clear statement of the pledged amount and the binding nature of the commitment under Austrian law
5. Payment Terms: Details of how and when the pledge amount will be paid, including any installment arrangements
6. Use of Funds: Specific description of how the pledged funds will be used and any restrictions on their application
7. Representations and Warranties: Statements by both parties regarding their capacity and authority to enter into the agreement
8. Tax Provisions: Declarations regarding tax deductibility and compliance with Austrian tax regulations
9. Governing Law and Jurisdiction: Confirmation of Austrian law as governing law and jurisdiction for disputes
10. Execution: Signature blocks and execution requirements under Austrian law
1. Conditions Precedent: Specific conditions that must be met before the pledge becomes binding, used when the pledge is contingent on certain events or achievements
2. Reporting Requirements: Requirements for the charitable organization to report on the use of funds, included when the donor requires ongoing oversight
3. Recognition Rights: Terms regarding donor recognition and naming rights, used when the donor requests public acknowledgment
4. Termination Rights: Conditions under which the pledge may be terminated or modified, included for larger or long-term pledges
5. Confidentiality: Provisions regarding the confidentiality of the pledge terms, used when privacy is requested
6. Force Majeure: Provisions for unforeseen circumstances affecting the pledge fulfillment, included for long-term payment commitments
7. Amendment Procedures: Process for modifying the agreement terms, included for complex or long-term arrangements
1. Payment Schedule: Detailed timeline of installment payments, including amounts and due dates
2. Project Description: Detailed description of the charitable project or initiative being funded
3. Recognition Plan: Specific details about how the donor will be recognized, if applicable
4. Due Diligence Documents: Copies of charitable organization's registration and tax-exempt status documentation
5. Reporting Template: Standard format for progress reports and financial accounting
6. List of Authorized Representatives: Names and contact details of authorized representatives from both parties
Find the exact document you need
Art Donation Agreement
An Austrian law-governed agreement for the gratuitous transfer of artwork(s) from a donor to a recipient, incorporating necessary cultural heritage and tax provisions.
Download
Charitable Pledge Agreement
An Austrian law-governed agreement formalizing a donor's binding commitment to make a charitable contribution, detailing pledge terms and compliance requirements.
Download
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)
.png)