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H5250Introduced in the House

Safeguarding Endowment Gifts

IntroducedHouse Judiciary

Introduced by Brandon Newton, District 45

What does this bill do?

Plain-English breakdown

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Official description

Amend The South Carolina Code Of Laws By Enacting The "safeguarding Endowment Gifts Act" By Adding Article 2 To Chapter 6, Title 34 So As To Prohibit Charitable Organizations From Violating Written Donor Restrictions Except When Required Or Authorized By Federal Or State Law; To Require Notification To Donors When A Charitable Organization Is Unable To Fulfill One Or More Terms In An Endowment Agreement; To Establish Judicial Processes And Remedies When Charitable Organizations Violate Donor Imposed Restrictions In Endowment Agreements; To Permit Charitable Organizations To Seek A Judicial Declaration Of Rights And Duties And Related Provisions; And To Designate Sections 34-6-10 Through 34-6-100 As Article 1, "general Provisions."

Where it stands

Referred to Committee on Judiciary

February 24, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

What do people think?

Citizen Voice

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Bill history

  1. Introduced and read first time

  2. Referred to Committee on Judiciary

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