"Someone who retracts a verbal commitment is called untrustworthy and a Jewish court will admonish and publicly reprove the offender for this misconduct.? Nevertheless, breaking a promise is permissible in certain circumstances.? Consider the following scenario:
Person A verbally commits himself to confer B with a largess.? Subsequently, A has second thoughts and wishes to retract.? Provided A made his commitment in good faith, his subsequent retraction is not unethical.? Given the consider expense involved, B presumably never relied on the promise and hence A's retraction should not have dashed B's expectations."
My question on this: does that apply to a pledge made to a charitable organization or a shul?? As someone who works for a not for profit, I know that we budget for the future based on pledges made to us by donors.? If they were to retract we would be in serious trouble.?
Source: http://amerabbica.blogspot.com/2012/02/daily-business-ethics-halacha-10.html
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