Fund-It-Forward Partner Agreement

This Fund-It-Forward Partner Agreement (“Agreement”) is entered into by and between BeneFund Foundation, a nonprofit corporation recognized under Section 501(c)(3) of the Internal Revenue Code (“Foundation”), and the undersigned Merchant Partner (“Partner”), for the purpose of participating in the Fund-It-Forward Program (“Program”).

1. Program Participation:
   The Partner participates in the Program by directing a portion of business loan commissions earned through BeneFund Capital toward charitable giving. The Partner’s commission allocation equals fifty-five percent (55%) of the total deal commission, which will be fully contributed—representing a 100% donation of the Partner’s earned commission share—to a qualified nonprofit organization designated by the Partner and approved by the Foundation.
2. Commission Donation and Processing:
   The Foundation will receive the donated commission from BeneFund Capital and temporarily hold the funds for up to thirty (30) days to complete administrative processing, verify charitable eligibility, and ensure full compliance with federal nonprofit and charitable distribution regulations. Following processing, the Foundation will disburse the donation to the designated charitable organization in the Partner’s name, accompanied by appropriate documentation.
3. Commission Retention:
   BeneFund Capital will retain the remaining forty-five percent (45%) of the total commission as service compensation for its role in originating, structuring, and managing the transaction. No portion of this retained commission is treated as a charitable contribution.
4. Transparency and Reporting:
   BeneFund Capital and the Foundation will maintain complete and transparent records of all commissions, held funds, and charitable disbursements related to the Program. The Partner may request a written report confirming amounts donated and recipient organizations.
5. Term and Termination:
   This Agreement remains in effect during the Partner’s participation in the Fund-It-Forward Program and may be terminated by either party with thirty (30) days’ written notice. Termination shall not affect any donations already received or pending distribution.
6. Authority, Compliance, and Tax Matters:
   The Partner affirms they have full legal authority to enter into this Agreement and designate a charitable beneficiary. The Foundation will distribute funds only to IRS-recognized public charities in good standing. The Foundation makes no representation regarding the tax deductibility of commissions donated under this Agreement. The Partner understands that any tax implications, including business expense treatment or charitable acknowledgment, are the Partner’s sole responsibility and should be reviewed with a qualified tax professional.
7. Acknowledgment and Purpose:
   By participating, the Partner affirms support for BeneFund Foundation’s mission to maximize charitable impact through business-driven giving and expressly acknowledges that donations made under this Agreement are voluntary, final, and used solely for qualified charitable purposes in accordance with IRS 501(c)(3) standards.