We hereby pledge to give to THE BURLINGAME COMMUNITY FOR EDUCATION FOUNDATION (“BCE”), a California nonprofit public benefit corporation, the sum below.Our gifts in payment of this pledge will be in the form of cash, marketable securities, or other property acceptable to BCE. We intend to make our gifts in payment of this pledge:OPTION 1:
In equal annual installments and in full prior to the fulfillment date provided below, or OPTION 2:
At times and in amounts convenient to us; provided, however, that we will pay this pledge in full prior to the fulfillment date provided below
The gifts in payment of this pledge shall be held and administered pursuant to the terms of The Burlingame Community for Education Foundation Endowment Fund (the “Fund”). The Fund shall be fully expendable at the discretion of the board of BCE in accordance with the Endowment Fund Policy of BCE. https://tinyurl.com/BCEendowmentFund
Although we certainly intend to make gifts in full payment of this pledge by the time indicated above, this pledge is not to be considered legally binding on us, our estates or our heirs.