Comprehensive Agreement Changes 2020

All projects have a January 1 anniversary
All current projects must sign renewal agreement by January 31
Comprehensive Fiscal Sponsorship fee can be paid one of two ways: $525 one-time payment or $55 per month
Fiscal Sponsorship fee is due at the time of signing agreement
Projects with activity during the calendar year are required to participate in completing the New Sun Rising annual Impact Report
The Fiscal Sponsorship Admin fee for grants and mailed donations is 10% (contact us prior to applying for grants to be notified of exceptions. i.e. government grants)
The Fiscal Sponsorship Admin fee for online donations is 13% (10% admin fee + 3% processing fee)
When closing a Project in good standing, Project will be subject to a final audit of the account and balance will be communicated to the Project to make a final disbursement to provide to another fiscal sponsor or a like 501(c)(3) organization. This audit may take up to 30 days.

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