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Fiscal sponsor agreement template 2025

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The document is a Fiscal Sponsor Agreement outlining the responsibilities and obligations of a Fiscal Sponsor and a Sponsored Organization regarding the implementation and operation of a project. It details the administrative, programmatic, financial, and legal responsibilities assumed by the Fiscal Sponsor, stipulates compliance with tax-exempt status, prohibits political activities, mandates reporting requirements, and establishes procedures for fund disbursement. The agreement also includes provisions for record-keeping, fees, review periods, termination conditions, and compliance with funding organizations.

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2015	4.8 Satisfied (46 Votes)

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How do I write a sponsorship agreement?

How to Draft an Effective Sponsorship Agreement: A Step-by-Step Guide Step 1: Identification of the Parties Involved. Step 2: Define the Scope of the Sponsorship. Step 3: Describe the Sponsors Benefits and Responsibilities. Step 4: Outline the Sponsored Partys Obligations.

What is the purpose of a fiscal sponsor?

A fiscal sponsor is a nonprofit organization that provides fiduciary oversight, financial management, and other administrative services to help build the capacity of charitable projects. Fiscal Sponsorship: a 360 Degree Perspective, Trust for Conservation Innovation.

What is the average fiscal sponsor fee?

Typically, standard Fiscal Sponsorship Fees range from 5% to 15% of all contributions received.

How to write a fiscal sponsorship proposal?

The document should include the following: Sponsor responsibilities, including receiving and reporting donations. Administrative fees. Beneficiary responsibilities, including records to be kept during the partnership. Expected goals. Duration of the sponsorship.

What is a fiscal sponsor agreement?

Fiscal sponsorship refers to the practice of non-profit organizations offering their legal and tax-exempt status to groupstypically projectsengaged in activities related to the sponsoring organizations mission. It typically involves a fee-based contractual arrangement between a project and an established non-profit.

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What percentage does a fiscal sponsor take?

Most fiscal sponsors charge sponsored projects a fee to offset the additional cost. Generally, that fee is somewhere between 5%-10% of all funds held on behalf of the sponsored group.

What are the liabilities of a fiscal sponsor?

Due to the employee-employer relationship, the fiscal sponsor is both fiscally and legally liable for the actions of the project. Thus, the fiscal sponsor must exercise significant control over the projects actions and funding to safeguard itself from legal liability and losing its 501(c)(3) status.

What is the difference between a fiscal agent and a fiscal sponsor?

So, while both fiscal sponsors and fiscal agents manage funds and provide administrative support, a fiscal sponsor offers a higher level of legal and financial backing by allowing your project to receive tax-deductible donations, a key advantage for long-term or larger initiatives.

Fiscal sponsor agreement template 2025

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