Posts Tagged: pledges

Are Pledges Binding?

March 6, 2012 Posted by The Law Firm for Non-Profits, P.C. in Donations, Fundraising, News

We are frequently asked whether pledges are binding. In California, for the most part the answer is no. In some other states, pledges can be binding as a matter of law. A pledge is a promise made by a donor to make a charitable contribution in the future. Even when in writing, pledges are typically …

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