The following guidelines will govern the Fund’s proposed sponsorship activities:
The Fund will sponsor only to the following recipients:
Organizations exempt from federal income tax under Sections 501(c)(3) and 509(a)(1), (2), or (3) of the Internal Revenue Code;
Other organizations engaged in activities, projects or initiatives that are exclusively for charitable, scientific, or educational purposes, as defined by the Code, who are selected on a nondiscriminatory basis without regard to race, sex, religion, or national origin, and whose principals and officers are not related by blood or marriage to any officer or director of the Fund, with the Fund retaining discretion and control within the meaning of Rev. Rul. 68 489;
The Board of Directors of the Fund will select projects to sponsor whose proposed activities, in the sole judgment of the Board of Directors, will further the exempt purposes of the Fund.
Applications are only accepted electronically via email. The applicant for fiscal sponsorship should provide the following:
The legal name and type of entity making the application (with copies of its governing documents).
The names and titles of all principals, officers, directors, managers and / or key personnel.
A complete description of the initiative / project / organization. See our Fiscal Sponsorhip Application Template (below) for details.
CVP uses a "Model C" fiscal sponsorship relationship, as approved by the IRS, wherein any sponsored entity is a fully independent contractor and has no legal relationship with CVP other than CVP sponsoring its ability to seek tax deductible donations for a specific activity or project.
CVP does not sponsor individuals or their projects.
CVP does not sponsor an entire organization or all its operations, only a specific project or intiative of an organization that has a clearly defined timeline and end date.
Sponsored entities are required to sign a Fiscal Sponsorship Re-Granting Agreement. Please see the example below.