Terms & Conditions – Hooper Heritage Voluntary Maintenance Fund

Last Updated: [Insert Date]

1. Purpose of This Fund

The Hooper Heritage Voluntary Maintenance Fund (“the Fund”) is a privately organized, voluntary contribution initiative created by members of the Hooper family to support the upkeep, preservation, and maintenance of the family homestead, cemetery, and related heritage property.

This Fund is independent and separate from the Hooper Family Trust and does not constitute a formal legal trust, nonprofit organization, or corporate entity.

Contributions are made voluntarily and do not create any legal ownership interest, governance rights, or fiduciary relationship.

2. Separation From the Hooper Family Trust

The Fund is not operated by the Hooper Family Trust.

Contributions to the Fund:

• Do not grant any legal interest in trust property

• Do not alter trust governance

• Do not create beneficiary status

• Do not confer trustee authority

The Hooper Family Trust, if active, is governed solely by its legal documents and applicable law.

3. Use of Contributions

Funds may be used for purposes including, but not limited to:

• Property maintenance

• Grounds upkeep

• Repairs and improvements

• Emergency expenses

• Utilities or recurring property-related costs

• Insurance or safety-related needs

• Other preservation-related expenses as deemed appropriate by the family committee managing the Fund

All disbursements are made for the benefit of maintaining and preserving family heritage property.

4. Transparency and Reporting

The Fund is administered with a commitment to transparency.

• Contributions and expenses are recorded.

• Monthly accounting summaries may be prepared.

• Donors may request clarification regarding Fund activity.

While transparency is prioritized, individual donor contribution amounts are not publicly disclosed in order to respect privacy.

5. Voluntary Contributions

All donations are:

• Voluntary

• Non-refundable unless required by law

• Made without expectation of financial return

Contributions are expressions of support for preservation efforts and do not represent investments.

6. No Tax Deductibility

The Fund is not a registered nonprofit organization.

Contributions are not tax-deductible unless otherwise stated in writing under applicable law.

Donors are encouraged to consult their tax advisor if they have questions.

7. Appreciation Gifts or Rewards

From time to time, tokens of appreciation or reward incentives may be offered to contributors.

Such items:

• Are provided as optional expressions of gratitude

• Are not purchased by the donation amount

• May be modified, substituted, or discontinued at any time

• Do not constitute a sale of goods unless explicitly stated

If appreciation gifts involve third-party fulfillment, additional terms may apply.

8. No Guarantee of Outcomes

While contributions are used to support maintenance and preservation efforts, no guarantee is made regarding:

• Specific repairs

• Property improvements

• Long-term outcomes

• Future governance decisions

All Fund use decisions are made in good faith.

9. Limitation of Liability

The Fund is administered by volunteer family members acting in good faith.

To the fullest extent permitted by law:

• The Fund administrators shall not be personally liable for indirect or incidental damages arising from voluntary contributions.

• Contributors acknowledge that participation is voluntary and not contractual beyond these terms.

10. Modifications to These Terms

These Terms & Conditions may be updated periodically to reflect operational changes.

Continued contributions after updates constitute acceptance of revised terms.

11. Contact

For questions regarding the Fund, accounting, or contributions, please contact:

[email protected]

“This voluntary maintenance fund is separate from the Hooper Family Trust. Contributions support preservation efforts and do not confer legal ownership or governance rights.