CARE Agreement

The CARE Agreement (Commitment Assurance for Rapid Establishment) defines a conditional contribution from a donor to support charitable establishment, with clear milestones, good-faith extensions, and fund-return protections.

• Sets the contribution amount and confirms it is conditional on charitable establishment.
• Requires CRA filing within 30 days and volunteer engagement within 30 days.
• Requires good-faith pursuit of CRA charitable status within published timelines plus 3 months.
• Allows timeline extensions/reset for delays outside control, CRA requirements, and litigation.
• Defines return obligations, including partial-fulfillment good-faith negotiation scenarios.
• Includes representations, governing law (British Columbia), amendment, notice, and severability terms.

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