SC H5250

Prohibits charitable organizations from violating written donor-imposed restrictions on endowment gifts, except when required or authorized by federal or state law.

Requires charitable organizations to notify donors or their legal representatives at least 30 days in advance when unable to fulfill endowment agreement terms, and offer an alternative solution closely matching the original terms.

Allows donors or their legal representatives to file a breach of agreement complaint within six years of discovering a violation, after providing 90 days' notice to the charitable organization.

Courts may order remedies consistent with the charitable purposes in the endowment agreement, but cannot order the return of donated funds to the donor or their estate.

Preserves the attorney general's authority to enforce endowment restrictions and does not limit the judicial power of cy pres (court modification of charitable trusts when original purposes become impractical).