Terms Used In Utah Code > Title 51 > Chapter 8 > Part 5 - Release or Modification of Restrictions on Management, Investment, or Purpose

• Charitable purpose: means the relief of poverty, the advancement of education or religion, the promotion of health, the promotion of governmental purposes, and any other purpose the achievement of which is beneficial to the community. See Utah Code 51-8-102
• Donor: The person who makes a gift.
• Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
• Gift instrument: means a record or records, including an institutional solicitation, under which property is granted to, transferred to, or held by an institution as an institutional fund. See Utah Code 51-8-102
• Institution: means :

  (a)	a person, other than an individual, organized and operated exclusively for charitable purposes;

  (b)	a government or a governmental subdivision, agency, or instrumentality to the extent that it holds funds exclusively for a charitable purpose; and

  (c)

  a trust that had both charitable and noncharitable interests, after all noncharitable interests have terminated. See Utah Code 51-8-102 Institutional fund: means a fund held by an institution exclusively for charitable purposes. See Utah Code 51-8-102 Property: includes both real and personal property. See Utah Code 68-3-12.5 Record: means information that is inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in perceivable form. See Utah Code 51-8-102