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  • 1.  Release of Liability on a Gift in Kind

    Posted 03-01-2023 02:29 PM

    Hello!

    We have a donor who would like to donate lab equipment to our University. We would like to provide the donor with a release of liability for the equipment. Has anyone in the community provided a release of liability for a gift in kind, and would you be willing to share the document with us to take to our legal team?

    Thank you!



    ------------------------------
    Debra Garcia
    Director of Advancement Operations
    Azusa Pacific University
    drgarcia@apu.edu
    ------------------------------


  • 2.  RE: Release of Liability on a Gift in Kind

    Posted 03-01-2023 02:39 PM
    You probably don't need a special form. Ask Counsel for a simple statement to be included in the gift agreement. Here's sample language:

    "The undersigned hereby assumes all risk of injury or harm as a result of the activities and equipment specified above and agrees to release, indemnify, defend, and forever discharge the donor from all liability, claims, demands, damages, costs, expenses, and causes of action due to death, injury, loss, or damage to the undersigned."

    But I am not a lawyer. You need to get this language from yours!

    But here's one form example:


    John

    John H. Taylor
    Principal
    John H. Taylor Consulting, LLC
    2604 Sevier St.
    Durham, NC   27705
    919.816.5903 (cell/text)

    Serving the Advancement Community Since 1987




    Original Message


  • 3.  RE: Release of Liability on a Gift in Kind

    Posted 03-01-2023 02:42 PM

    Thanks John! I appreciate it! And yes, we will definitely take it to legal.

    Best,



    ------------------------------
    Debra Garcia
    Director of Advancement Operations
    Azusa Pacific University
    drgarcia@apu.edu
    ------------------------------

    Original Message


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