Compass Charitable Partners withholds an administrative fee of 10% of the total amount of all monetary gifts received from donations designated to a particular Project Partner. This fee covers overhead costs associated with sponsoring a project, including receiving donations on…
There are two primary types of revenue that will likely be generated by a sponsored project: charitable contributions and program revenue. Charitable Contributions Charitable contributions are donations of money or other gifts made to a qualifying 501(c)(3) organization without goods…
Compass Charitable Partners provides sponsored projects with fiscal and operational oversight, while allowing them to raise financial support as if they were themselves a 501(c)(3) organization. As a Model C fiscal sponsorship, all sponsored projects are independent entities, responsible for…
A fiscal sponsor is a charitable 501(c)(3), nonprofit organization that provides oversight, both operationally and financially, to non-501(c)(3) charitable projects. Sponsorship works through a contractual agreement between the sponsor and the individual or group conducting the project. Sponsorship provides the…
We desire to provide the highest level of customer care possible, while maintaining the trust and privacy expected by our Partners. For this reason, Compass Charitable Partners can only communicate with authorized contacts of a sponsored Partner project. The primary…
A sample of our Partnership Agreement can be found here: Compass Charitable Partners Grant Agreement (Sample) - Compass Charitable Partners
Project partners (members) may request termination of their membership at any time. Requests can be made by written notice via the project portal. Any funds remaining in your account at Compass Charitable Partners cannot be transferred to you once termination…
Project partners (members) who voluntarily cancel their membership may wish to rejoin Compass Charitable Partners at a later date. If the partner wishes to rejoin within 6 months of cancellation, a new partner application will not be required, and the…
The $1,000 onboarding fee for new partners (members) of Compass Charitable Partners is not considered a donation, and therefore is not tax-deductible as a gift. However, this fee may be tax-deductible as a business expense of your project. You should…