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The following minimum information must exist to substantiate a pledge:
- The amount of the pledge must be clearly specified.
- There must be a clearly defined payment schedule or a specified end date.
- The pledge designation(s) must be identified.
- The donor may not proscribe contingencies or conditions.
- The evidence of the pledge should include words such a “promise,” “agree,” or “will” rather than “intend,” “plan,” “hope”.