---
title: "Build a table of purposes stated in grant deeds and fund records"
url: "https://ailawframework.com/practice/not-for-profit-charities-and-associations/build-a-grants-and-restricted-funds-table-from-the-accounts-and-grant-de/united-states"
type: "task_jurisdiction_version"
site: "AI Law Framework"
id: "A35-A20260923-3-US"
practice_area: "Not-for-Profit, Charities & Associations"
tier: "yellow"
lawyer_review: "required"
jurisdictions: ["US"]
last_reviewed: "2026-10-22"
---

# Build a table of purposes stated in grant deeds and fund records

> For each fund, quote the purpose and any spending limit in the words of the deed or the board record, and name the page. Write no deed, no reclassification, and no conclusion that the fund is restricted.

Canonical page: https://ailawframework.com/practice/not-for-profit-charities-and-associations/build-a-grants-and-restricted-funds-table-from-the-accounts-and-grant-de/united-states  
Last reviewed: 2026-10-22

Site index for agents: https://ailawframework.com/llms.txt

## Key facts

| Fact | Value |
| --- | --- |
| Practice area | [Not-for-Profit, Charities & Associations](https://ailawframework.com/practice/not-for-profit-charities-and-associations.md) |
| Human involvement | Yellow: Lawyer and AI draft together |
| How AI is used | For each fund, quote the purpose and any spending limit in the words of the deed or the board record, and name the page. Write no deed, no reclassification, and no conclusion that the fund is restricted. |
| What the lawyer must review | You decide what the deed requires and whether an expenditure furthers an exempt purpose. Under Treasury Regulation § 1.501(c)(3)-1(c)(1), an organisation is regarded as operated exclusively for exempt purposes only if it engages primarily in activities which accomplish one or more of the purposes specified in section 501(c)(3). The table is an index of what the documents say. It does not apply a state endowment statute. No Uniform Prudent Management of Institutional Funds Act was opened. Section 501(c)(3) also requires that no part of the net earnings inure to a private shareholder or individual. ABA Formal Opinion 512 requires independent verification when a tool is used to extract from a set of deeds. |
| Written for | United States |
| Applies to | [Build a grants and restricted-funds table from the accounts and grant deeds](https://ailawframework.com/practice/not-for-profit-charities-and-associations/build-a-grants-and-restricted-funds-table-from-the-accounts-and-grant-de.md) |

## Checking plan

- What the AI does: For each fund, quote the purpose and any spending limit in the words of the deed or the board record, and name the page. Write no deed, no reclassification, and no conclusion that the fund is restricted.
- Basis: Checked against the linked sources on 22 October 2026. Confirm the current instrument before reliance.

## Notes

- A spending rate, an underwater fund, or a release of a restriction is a state-law question. No state endowment statute was opened, so the table does not answer it.
- Quote the deed. Do not substitute an Australian trust classification.

## Sources

- [26 CFR § 1.501(c)(3)-1, organisational and operational tests](https://www.law.cornell.edu/cfr/text/26/1.501(c)(3)-1) (checked 2026-10-22)
- [26 U.S.C. § 501, exemption from tax](https://www.law.cornell.edu/uscode/text/26/501) (checked 2026-10-22)
- [ABA Formal Opinion 512, Generative Artificial Intelligence Tools (29 July 2024)](https://www.americanbar.org/content/dam/aba/administrative/professional_responsibility/ethics-opinions/aba-formal-opinion-512.pdf) (checked 2026-10-22)

## Forms and precedents for this task

| Form or precedent | Kind | AI level | Summary |
| --- | --- | --- | --- |
| [Gift fund compliance checklist for a deductible gift recipient (fund, authority or institution)](https://ailawframework.com/precedents/not-for-profit-charities-and-associations/dgr-gift-fund-compliance-checklist.md) | Checklist | Yellow | Checklist to test whether a DGR’s gift fund meets the ATO’s requirements: rules and winding-up clause, what must and must not be credited, separate records, permitted uses, multiple funds, and… |

Signed-in accounts can read the full text of each one.

*Practice guidance for planning and review. Confirm current primary sources and the requirements of the actual matter. This is general information, not legal advice.*