As the Establishing Donor(s), you may name one or more Successor Advisors to the Fund who will assume the responsibility of making grant recommendations upon your death, resignation, refusal, or inability to continue to make grant recommendations.
If you choose to have multiple successor advisors, you are required to select a Lead Advisor who will transmit grant recommendations to NCCF on behalf of all the successor advisors.
PLEASE NOTE: Lead Advisor privileges will pass to the next advisor in the order listed below should the lead advisor be unable to perform this responsibility.
Alternatively, you may wish to provide an equal and independent share of the annual distributable fund balance to all successor advisors, so that each can recommend grants from their individual portion of total annual grant allowance. In this case you must designate all successor advisors as Peer Advisors.
It is understood that in the event that no Successor Advisor is able and/or willing to provide grant recommendations for a period of three years, the NCCF Board of Directors shall make grants from the fund according to the Fund Activity Policy.