A grant may be used to satisfy a non-legally binding commitment or pledge, but not an enforceable pledge, which is a legally binding obligation to support a charity.

Charities may use the word "pledge" to describe an intended future gift, even though the charity does not consider the "pledge" to be a legally binding obligation. When a donor "pledges" to make a gift to an annual fund at a school, in most cases, the school will not consider this "pledge" to create a legally binding obligation.

A grant may be used to satisfy a non-legally binding commitment or pledge, but not an enforceable pledge, which is a legally binding obligation to support a charity.

A grant may be used to satisfy a non-legally binding commitment or pledge, but not an enforceable pledge, which is a legally binding obligation to support a charity.