This Donation Agreement ("Agreement") is entered into as of
Planting Organization ("Recipient"): APO – Iota Omega Alumni Association, located at Corrales Ext., Cagayan de Oro City, Misamis Oriental, and
1. Purpose of the Agreement
The purpose of this Agreement is to formalize the terms under which the Donor provides a financial contribution to purchase and plant a tree as part of the Recipient’s Urban Tree Planting Projects.
2. Description of Donation
3. Obligations of the Recipient (Planting Organization)
1. Use the donation exclusively for the purchase, planting, initial maintenance of the tree(s), and the excess will be used for non-profit and/or other community services.
2. Plant the tree(s) within 3 months of receiving the donation or the purchase of the fruit bearing tree seedlings.
3. Provide the Donor with updates, which may include:
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Photos or confirmation of the tree(s) planted.
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Caretaker or land owner’s name & location details.
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General reports of the fruit bearing tree planted, not limited to the survival of the seedlings, until it bears fruits.
4. Acknowledgment of Donation
The Recipient agrees to acknowledge the Donor’s contribution in the following manner:
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Provide a certificate or written acknowledgment of the donation for the Donor’s records.
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The Recipient will provide a receipt for the Donor’s contribution.
5. Ownership and Maintenance
This Agreement may be terminated:
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By mutual written consent of both parties.
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If the funds are not utilized within 6 months for the intended purpose, in which case the donation may be refunded or repurposed upon the Donor’s approval.
This Agreement shall be governed by the laws of the Republic of the Philippines.
This Agreement constitutes the entire understanding between the parties and supersedes any prior agreements or communications related to the donation.
By signing below, the Donor and Recipient agree to the terms of this Agreement.
Recipient (Planting Organization):
Monaim I. Guro
President
APO – Iota Omega Alumni Association
Arvin Sayson Añana
Secretary
APO – Iota Omega Alumni Association
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