There is no fee for fiscal sponsorship. However, to support your mission, 10% of all contributions, such as donations, grants, sponsorships, and others, will cover administrative costs for your program.
Administrative costs include bookkeeping, managing the back office, HR services, payroll processing, technical support, insurance coverage, adherence to state and federal regulations, and the opportunity to access donated and discounted goods and services.
Initial Contribution
Once a project is approved for sponsorship, there is a one-time contribution of $350. This amount is aimed at offsetting the expenses associated with the onboarding process. In some cases, this contribution may be fundraiser.
Project Transfer Contribution
To facilitate the smooth transfer of funds and assets between sponsors, we allocate 5% of these funds to cover administrative costs. This helps cover the costs of managing contributions, grant contracts, bank accounts, contractor agreements, and other program assets during transfers.
Fundraising Minimum
To offset the ongoing administrative cost of fiscal sponsorship, projects have a minimum monthly contribution of $100 (waived for programs raising more than $1000 per month).
HR & Payroll
For detailed information on costs and benefits related to program employees and contractors, please click here for more information.
Learn more and apply at https://www.thenopi.org/fiscal-sponsorship.