Fund Guidelines

Fund Guidelines

Fund Guidelines
Agreement of Fiscal Sponsorship


Purpose for Fiscal Sponsorship_____________________________

1. Annie’s Angels Memorial Fund Inc, hereafter known as Annie’s Angels, will act as fiscal sponsor if the person receiving the benefit fits our mission statement.

2. Annie’s Angels will act as fiscal sponsor if you or your company is providing a service that aids individuals or families that fall under our mission statement.

3. Annie’s Angels will set up a fund and donation page under a designated name. The public can make donations to the fund for 30 days from the date of acceptance, and the funds must be used within 120 days from the end of the 30 day fundraising period, unless other terms of duration are discussed in advance. After 120 days any unused/remaining funds will be transferred into the Angel Fund to be used at Annie's Angels discretion, unless other arrangements are agreed upon in advance in writing.

4. Annie’s Angels must be consulted regarding all fundraising related to this fiscal sponsorship. An agent of Annie’s Angels Board of Directors will be on hand to oversee operations. At the end of the event the agent on hand will take control of the funds. The funds will be brought to the office of Annie’s Angels where it will be processed into the specified fund and a report will be emailed to the Applicant.

5. At the end of each calendar month Annie’s Angels will receive 15% of any new donation or event proceeds collected. For events requiring increased support, planning or staff, i.e. Tournaments, Galas, etc... Annie's Angels will receive 20% of event proceeds collected. This is a fee charged once per month only on new donations or event proceeds for that month. If there is no income there is no fee charged. A monthly statement will be emailed to the Applicant.

6. If you have misrepresented your needs to Annie's Angels or for any reason default on this agreement, you will forfeit any funds collected and funds will be transferred to the Angel Fund.

7. Your signature indicates that we have explained the Agreement of Fiscal Sponsorship, and you agree to these terms. Any significant change proposed for this agreement, including but not limited to a change in purpose, applicant/beneficiary, fundraising event, etc., will require a new written Sponsorship Agreement to be signed by the parties detailing those changes. Annie’s Angels or the Applicant may terminate this agreement at any time by written request. Funds will then be used to pay any final bills. At the Applicant's written request, any remaining funds will be transferred to a like missioned 501(c)(3) nonprofit, medical trust, or the Angel Fund.

8. The Applicant agrees to indemnify, save hold harmless, and exempt Annie’s Angels, its officers, agents, servants, and employees from and against any and all suits, actions, legal proceedings, claims, demands, damages, costs, expenses, and attorney's fees incident to performance of this agreement. In addition, the Applicant shall refrain from any activity that is contrary to the mission of Annie’s Angels or which would jeopardize its legal non-profit status. The applicant warrants they have never been investigated, charged, and/or convicted of fraud relating to a fundraising event. The terms of this paragraph shall survive any termination of this agreement with or without cause.

9. This Agreement constitutes the entire agreement between the parties hereto on the subject matter hereof, and neither party shall be entitled to rely upon any conflicting oral representations, assurances, claims, or disclaimers made prior to or simultaneously with the execution of this agreement. This agreement shall be construed according to the laws of the State of New Hampshire. The Applicant acknowledges that for purposes of this agreement, time shall be of the essence for the performance of any obligations herein. If any term or provision of this agreement be deemed to be invalid or unenforceable, as determined by a court of competent jurisdiction, the remainder of this agreement, other than those found to be invalid or unenforceable, shall not be affected and shall be valid and enforced to the fullest extent permitted by law. 

Applicant Name (Please Print) ______________________________________
Application Date_____________________________________
Applicant Signature___________________________________ 
Annie’s Angels Representative Name (Please Print) ________________________________
Annie’s Angels Dates of Acceptance & Termination__________________________________
Annie’s Angels Representative Signature______________________________

Share by: