Fiscal Sponsor Organizations

Thanks. Let me tag a few folks... can you allshare how/if your orgs handle minimum annual fees/cost sharing?

we do have a minimum fee that is $3k/year which at our fee structure means a project has to raise about $35k to cover that minimum.

Originally a driving factor was to determine the minimum size project we want to work with and then create a minimum fee tied to that. This helps de-incentivize super small projects from wanting to work with since our minimum fee would then make their effective rate high.

At the end of each year we would look at how much they paid us and if its less than $3k we would bill for the balance.

That said - now I really work with orgs with bigger budgets (closer to $100k minimum) but we have not raised our minimum fee.

Furthermore, we also have projects pay a fixed rate/month to help offset our insurance costs. This does not cover our services really but it at least gives projects who are not active at all a reason to want to leave since they are essentially just burning through funds each month paying for insurance.

Hope that helps, happy to chat more if you want to!

Hi Josh, thank you for your reply! I would love for our organization to chat more with you about this. My Ops Manager, Anastasija is heading up this work. Would you or your lead of this work, mind reaching out to her to schedule something? apetrosova@sfphf.org

We do not have a minimum revenue expectation from projects.

SGF does have a fixed fee per month that is then waived/refunded if a project raises enough money in a year correct? I thought I remember seeing that on your website a while back

We do not have a minimum requirement, but do have an inactive policy which includes an inactive fee for anyone that has not raised any funds within the year. The larger policy also addresses those fiscally sponsored Partners that may have not raised funds, run programming or been in communication with us. The fee can be waived with an application (i.e. if it had it been in effect during covid we would anticipate those projects who were unable to run programs and thus not have revenue due to the pause in programs would have reason to apply for waiver).

Hi Sarah, thank you for sharing! I appreciate your explanation... it is in alignment with some of the other examples I have heard of. If you're open to sharing your actual policy, would you kindly send it to my Ops Manager, Anastasija? Her email is apetrosova@sfpfh.org