Grant Recommendations Terms
I understand that the board of American Friends has absolute discretion and exclusive power to decide whether or not to follow my grant recommendation, and that, as required by the Internal Revenue Service, American Friends will not accept contributions earmarked for or directed to a specific Canadian organization.
If American Friends decides to make a grant according to my recommendation, I understand that American Friends will automatically retain a portion of my gift to operate its programs according to this schedule: $30 flat fee for gifts of under $500; 6% of the amount of the gift between $501 -$10,000; 4% of the amount between $10,001 – $100,000; 2% for amounts over $100,000.