The principal-agent problem this creates for institutional philanthropy is structural: the commitment is made in the marketing materials and governed by managerial discretion rather than legal terms. No breach of obligation occurs when the commitment disappears under exit pressure because no binding obligation was created.
The SAVI Capital Model resolves this at the contractual level. Step 5 of the distribution waterfall directs overages above the 5x return threshold to The SAVI Ministries Endowment per the legal terms of the applicable fund document. This is a distribution term. It is as binding as the investor return threshold in Step 1. There is no mechanism by which management can decide not to honor it without breach of the legal instrument governing the fund. The philanthropic commitment is not expressed. It is contractually required.