Fees

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.

“We were early and enthusiastic supporters of fiscal sponsorship. The service provided by Community Initiatives adds flexibility and effectiveness to our grant making.”
Thomas C. Layton FORMER PRESIDENT, THE WALLACE ALEXANDER GERBODE FOUNDATION