Conditional Donation Agreement Template for India

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Key Requirements PROMPT example:

Conditional Donation Agreement

"I need a Conditional Donation Agreement for my company's donation of INR 50 million to a technical university in Bangalore, with conditions requiring the funds to be used exclusively for establishing a research laboratory and providing annual progress reports."

Document background
The Conditional Donation Agreement is essential in situations where donors wish to make contributions while ensuring their philanthropic intentions are properly fulfilled. This document, governed by Indian law, particularly the Indian Contract Act, 1872, and the Transfer of Property Act, 1882, establishes a framework for donations that are subject to specific conditions or requirements. It is commonly used by individuals, corporations, and organizations making significant donations to charitable causes, educational institutions, or social initiatives. The agreement includes detailed provisions about the donation's nature, conditions for its use, reporting requirements, and circumstances for revocation. It's particularly relevant in cases where donors want to maintain oversight of how their donations are utilized or when specific objectives must be achieved with the donated resources.
Suggested Sections

1. Parties: Identifies and provides full details of the donor and the recipient/donee

2. Background: Explains the context and purpose of the donation, including the donor's intention to make the donation

3. Definitions: Defines key terms used throughout the agreement

4. Donation Details: Specifies the nature, value, and description of the donation (whether monetary, property, or other assets)

5. Conditions: Clearly outlines all conditions that must be met for the donation to be effective or continued

6. Timing and Method of Transfer: Specifies when and how the donation will be transferred to the recipient

7. Representations and Warranties: Statements of fact and assurances from both parties regarding their capacity and authority

8. Obligations of the Recipient: Details the recipient's responsibilities in relation to the donation and conditions

9. Monitoring and Reporting: Describes how compliance with conditions will be monitored and reported

10. Return or Reversion: Specifies circumstances under which the donation must be returned or reverted to the donor

11. Governing Law and Jurisdiction: Specifies that Indian law governs the agreement and establishes jurisdiction for disputes

12. Notices: Details how formal communications between parties should be made and delivered

13. General Provisions: Standard contract clauses including severability, entire agreement, and amendments

Optional Sections

1. Tax Provisions: Include when specific tax treatment or implications need to be addressed

2. Foreign Contribution Provisions: Required when the donation involves foreign sources or contributors

3. Intellectual Property Rights: Include when the donation involves intellectual property or its usage

4. Confidentiality: Include when certain aspects of the donation or conditions need to remain confidential

5. Anti-Money Laundering Compliance: Include for high-value donations or when required by regulatory compliance

6. Force Majeure: Include when conditions might be affected by circumstances beyond parties' control

7. Assignment: Include when transfer of rights under the agreement needs to be addressed

8. Dispute Resolution: Include when specific dispute resolution mechanisms (like arbitration) are preferred

Suggested Schedules

1. Schedule 1 - Description of Donation: Detailed description of the donation including specifications, valuations, or property details

2. Schedule 2 - Conditions and Milestones: Detailed breakdown of conditions, timelines, and specific requirements to be met

3. Schedule 3 - Payment Schedule: If applicable, details of installment payments or transfer schedule

4. Schedule 4 - Reporting Requirements: Specific formats, templates, and timelines for required reports

5. Appendix A - Required Documents: List of documents required from both parties (e.g., ID proofs, registration certificates)

6. Appendix B - Compliance Checklist: Checklist of regulatory requirements and necessary approvals

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Clauses
Relevant Industries

Non-Profit

Education

Healthcare

Religious Organizations

Social Services

Environmental Conservation

Arts and Culture

Philanthropy

Corporate Social Responsibility

International Development

Humanitarian Aid

Research and Development

Relevant Teams

Legal

Finance

Compliance

Corporate Social Responsibility

Development

Grant Administration

Risk Management

Donor Relations

Executive Leadership

Board of Directors

Program Management

Relevant Roles

Legal Counsel

Compliance Officer

Chief Financial Officer

Philanthropy Manager

Development Director

Grant Manager

Trust Administrator

Corporate Social Responsibility Manager

Executive Director

Board Member

Donor Relations Manager

Foundation President

Program Director

Finance Manager

Risk Management Officer

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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