VIDEO PODCAST: The Basics of Fiscal Sponsorship Agreements

Ben and Mike discuss fiscal core concepts to understand the fiscal sponsor relationship and fiscal sponsorship agreements, including the distinction between Model A, Model B, and Model C fiscal sponsorship, key provisions that are found in all types of fiscal sponsorship agreements, and other considerations to have in mind when drafting or negotiating a fiscal sponsorship agreement.

PREVIEW SHORTER CLIP:

FULL 30-MINUTE VIDEO:

CHAPTERS:

00:00 - Intro

01:57 - The distinction between fiscal sponsorship and fiscal agency

04:37 - The different types of fiscal sponsorship: Model A, Model B, and Model C

08:03 - The grey area between fiscal sponsorship and other types of collaborations and joint programs

10:45 - The basic characteristics of a Model C fiscal sponsorship agreement and how Model A and Model B fiscal sponsorship agreements look different

14:14 - Variance power: a core provision in all types of fiscal sponsorship agreements

17:18 - Other key provisions: setting up a restricted fund, the project description, the fiscal sponsor administrative fee, and fundraising communications.

21:40 - The importance of open communication and managing the relationship

23:38 - Other considerations: the flow of funds and how project expenses are paid, exclusivity, ownership of intellectual property and intangible assets, indemnification, termination of the fiscal sponsorship relationship.

27:32 - Whether or not to set a specific date for the agreement to sunset, expire, or terminate.

FURTHER READING:

TEMPLATE: Model C Fiscal Sponsorship Agreement

TEMPLATE: Model A Fiscal Sponsorship Agreement

Q&A #71 – What’s the difference between Model A and Model C fiscal sponsorship?  

Q&A #87 – Who controls the remaining funds when fiscal sponsorship is terminated?