Document background
A Letter of Intent to Give Donation is a crucial preliminary document used in Hong Kong's philanthropic and charitable sector when a donor (individual or organization) wishes to formally communicate their intention to make a future donation. This document serves as a precursor to the actual transfer of assets or funds, providing both parties with a clear understanding of the intended gift while operating within Hong Kong's legal framework. While not typically as binding as a formal contract, it helps establish the donor's commitment and the recipient's acknowledgment of the intended gift. The document is particularly useful for large donations, planned giving, or situations where the actual donation will occur in stages or at a future date. It should address key elements such as the nature of the donation, any conditions, timing, and intended use, while complying with Hong Kong's regulatory requirements for charitable giving and property transfer.
