Terms and Conditions

Legal Disclaimer

The terms and information provided on this page are only general, high-level explanations and information on how to draft your own Terms and Conditions document. You should not rely on this article as legal advice or as recommendations on what you should actually do, because we cannot know in advance what specific terms you wish to establish between your foundation and its beneficiaries. We recommend that you seek legal advice to assist you in understanding and in the creation of your own Terms and Conditions.

Terms and Conditions - the basics

That being said, the Terms and Conditions ("T&C") are a set of legally binding terms defined by you, as the owner of this foundation. The T&C sets out the legal boundaries governing the activities of the beneficiaries of the foundation, while they benefit from the services offered. The T&C aims to establish the legal relationship between the beneficiaries and the foundation.

What to include in the Terms and Conditions document

In general, Terms and Conditions often address these types of issues: who can benefit from the foundation's services; the accepted methods of donation; a statement that the foundation may change its offering in the future; the types of guarantees the foundation offers its beneficiaries; a reference to intellectual property or copyright issues, where relevant; the foundation's right to suspend or cancel aid to a beneficiary; and much more.