Extract to table

1 of the Gift Instrument, which provides that Grant Funds shall be used "solely and exclusively" for the Bay Area Teacher Residency Initiative "and for no other purpose

2, which provides as follows: If the Program is discontinued prior to the expiration of the Grant Period, any unexpended Grant Funds shall, at Grantor's election, be returned to the Grantor within ninety (90) days of written demand by the Grantor or the Grantor's authorized representative

For purposes of this Section, "unexpended Grant Funds" shall include both disbursed funds not yet expended and any undisbursed Tranche amounts

(b) The stay shall be reviewed at ninety-day intervals

The Foundation cannot deploy these funds for programmatic purposes, cannot report their release from restriction in its financial statements, and must continue to maintain them as restricted net assets on its balance sheet, reducing its programmatic flexibility

(d) EF agrees to naming and recognition rights in connection with the redirected funds — for example, naming a teacher development program component after the Whitfield-Garner family — and agrees to enhanced reporting obligations, including annual reports to the Trust for a period of three to five years detailing the use of the redirected funds