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Answers to frequently asked questions:
What Fiscal Sponsorship IS:
Fiscal Sponsorship defines the financial relationship between you and the
Global Center, a tax-exempt, IRS-certified 501 c 3 non-profit educational
foundation, which acts as a Fiscal Agent, allowing individuals and groups
to solicit tax-deductible contributions from potential donors for
communications project (film, print, dance, photography, etc.) as long as
they fit within the Foundation's educational mission and guidelines.
What Fiscal Sponsorship IS NOT:
The Global Center does not provide funds for any purpose. Instead it
channels funds you raise through our tax-exempt non-profit foundation. This
is a "checks only" - "donations only" relationship. Your project, through
us, cannot accept: equipment, sports or theater tickets, food, services, any
barter, etc. We do not accept credit cards, money orders or cash donations.
(CHECKS MUST BE MADE OUT TO: "THE GLOBAL CENTER" with a note in the memo
section with the name of your organization and/or project.)
Are there specific eligibility requirements in order to gain fiscal sponsorship through your organization?
Simply send us a one or two paragraph description of your project. If it
fits within the mission and educational guidelines of the International
Center For Global Communications Inc. (aka The Global Center) mandate, we
will act as your fiscal sponsor. Please provide your organization name, name
of contact and title, address, Tel/Fax, email. We will send you a 2-page
agreement to be signed by you and sent back to us. We will then send you a
fully executed contract complete with all signatures. From that point on you
may raise money via our non-profit corporation.
What is the application process?
We will review the application, determine if it fits within our mission and
educational guidelines and contact you with the answer. If accepted, there
is a $100 administrative fee payable to The Global Center. You send this
check in with your agreement.
What is the next deadline and how long does the application process
usually take?
We have a rolling admissions policy and the process usually takes just a few days.
What are the standard terms of your fiscal sponsorship program?
The Global Center takes a 5% administration fee of all money raised. Make checks
payable to THE GLOBAL CENTER only, with the name of the project & organization
in the Memo area of the check. Checks made out to anything else are returned at
your expense. CHECKS ONLY, NO MONEY ORDERS OR CREDIT CARDS .
Procedure: Once we have received a check, deposited it, and it has cleared
our bank, the 5% administrative fee is deducted and a check is made out to
your organization.
Can we obtain copies of your Mission Statement, Board Members or Proof of your 501.c3 status?
Our Mission Statement is on our web site for you to print out. We can provide
other documents you may need, if and when potential donors
require them. For proof of our non-profit status you can
go on-line to the IRS/Treasury Website http://www.irs.gov/charities
and search for The International Center for Global Communications
Foundation, Inc.
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Apply
Now!
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