Recipient Grant Agreement (v0.2 DRAFT)

This document is a first-pass structural draft (v0.2) prepared by Claude as scaffolding for the attorney who will finalize it. It supersedes the v0.1 placeholder. It is NOT effective and is NOT a binding contract. Markers throughout: [CONFIRM] on numeric/date items, [TERM] on legal terms of art, [COUNSEL TO DRAFT] on substantive legal clauses.

This Agreement is between Xerish Storehouse — a [CONFIRM] Washington nonprofit corporation operating as a 501(c)(3) Donor-Advised Fund sponsor — and the Recipient organization identified by its EIN and verified principal contact within the Xerish admin platform.

• [TERM] "Recipient" — a U.S. organization that has been onboarded and approved to receive Grants from the Sponsor.
• [TERM] "Grant" — a disbursement of funds from the Sponsor to the Recipient pursuant to an approved Grant Recommendation.
• [TERM] "Sponsor" — Xerish Storehouse.
• [TERM] "F.I.G.S." — the Sponsor’s binary vetting standard (Faith, Integrity, Generosity, Stewardship).
• [TERM] "Pre-Approved Recipient List" — the set of Recipients pre-cleared by Sponsor for blanket-approval grant routing.

The Recipient represents and warrants that:

• (a) It is currently described in [TERM] "IRC §501(c)(3)" and listed in IRS Publication 78 (or qualifies under an equivalent classification accepted by the Sponsor under [COUNSEL TO DRAFT]);
• (b) It has not had its tax-exempt status revoked, suspended, or placed on automatic-revocation status;
• (c) It is not classified as a [TERM] "supporting organization" of a type excluded from DAF grants under IRC §4966(d)(4) (or has provided the certifications [COUNSEL TO DRAFT] required for permissible grants);
• (d) It complies with the published F.I.G.S. standard and the Recipient Vetting Policy;
• (e) It has the corporate authority and capacity to receive Grants and apply them consistent with this Agreement.

By onboarding to receive Grants, the Recipient accepts each Grant under these terms. Grants may be one-time or recurring through repeated Recommendations. Each Grant constitutes a transfer of legal title to the Recipient at the time of disbursement.

The Recipient agrees to apply each Grant exclusively to purposes consistent with its stated charitable mission. The Recipient shall not divert Grant funds to: (a) private inurement; (b) lobbying or political-campaign activities prohibited by §501(c)(3); (c) any purpose that would constitute a [TERM] "more than incidental benefit" to the recommending Advisor or any related party within IRC §4967; or (d) any use the Sponsor has expressly prohibited in writing at disbursement.

On or before [CONFIRM] March 31 of each calendar year, the Recipient shall provide to the Sponsor a summary of the use of Grant funds received in the prior calendar year, in a form [COUNSEL TO DRAFT] specified by the Sponsor. Sponsor may waive or simplify this requirement for Recipients receiving less than [CONFIRM] $X aggregate Grants in the relevant year.

The Recipient shall cooperate in good faith with reasonable Sponsor inquiries or audits regarding the use of Grant funds, including providing access to related financial records. Scope and frequency of such inquiries shall be [COUNSEL TO DRAFT] to balance Sponsor compliance needs and Recipient burden.

The Sponsor may suspend further Grants to, or remove a Recipient from the Pre-Approved Recipient List for any of: (a) revocation, lapse, or material change of tax-exempt status; (b) failure to maintain F.I.G.S. compliance; (c) misuse or diversion of Grant funds; (d) failure to fulfill reporting/audit obligations; (e) regulatory action; or (f) other reason the Sponsor reasonably determines warrants suspension or removal. Notice and opportunity to cure under [COUNSEL TO DRAFT].

The Recipient shall acknowledge receipt of each Grant in a manner consistent with IRS substantiation guidance and may name the Sponsor as the source. The Recipient shall not attribute Grants to the recommending Advisor without the Advisor’s express opt-in to be identified (per the Privacy Policy).

[COUNSEL TO DRAFT] — caps, exclusions, force majeure, and mutual carve-outs.

[COUNSEL TO DRAFT] — Recipient indemnification of Sponsor for losses arising from misuse of Grant funds, false representations, or breach of this Agreement; reciprocal Sponsor indemnification appropriate under counsel’s analysis.

Governed by the laws of the [CONFIRM] State of Washington and applicable U.S. federal law. Venue: [CONFIRM] King County, Washington.

Document Key: recipient_grant_agreement. Version: v0.2 (first-pass draft for counsel review). Draft Date: 2026-05-27. Effective Date: [CONFIRM] — none; this draft is not yet effective.