Pre-approved Agreement Changes 2020

All projects have a January 1 anniversary
All current projects must sign renewal agreement by January 31
New projects that are approved between December 15, 2019 and June 30th, 2020 will pay $125. July 1, 2020-December 31st, 2020 prorated rate is $75
Fiscal Sponsorship fee is due at the time of signing agreement.
Projects must have general liability insurance and provide a certificate of insurance listing New Sun Rising as “additionally insured”
Projects must provide a new certificate of insurance when insurance is annually renewed
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.

There are no revisions for this post.