Community Initiatives takes its fee for fiscal sponsorship from the sponsored project’s revenues as they are received.
This fee is 10 percent of gross receipts and 6 percent if gross receipts exceed 1 million dollars for Model A projects annually. For example, if your project received a grant of $10,000, Community Initiatives would take $1,000 (10 percent of $10,000).
After a project is approved by Community Initiatives’ board, the project is given one year in which to formalize the relationship, i.e. sign a sponsorship agreement and become a fiscally sponsored project.
Our minimum annual fee is $2,400. This means that if your project does not bring in a minimum of $24,000 in revenues during Community Initiatives’ fiscal year (beginning July 1), your project will be billed the difference to achieve the total annual fee of $2,400 (10 percent of $24,000).
For Model B, C and L projects please contact Community Initiatives to discuss the fees.