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25L - ESTABLISH NON ENDOWED FUND
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08/18/2008
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25L - ESTABLISH NON ENDOWED FUND
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Last modified
1/3/2012 4:29:09 PM
Creation date
8/13/2008 9:35:06 AM
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City Clerk
Doc Type
Agenda Packet
Item #
25L
Date
8/18/2008
Destruction Year
2013
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<br />EXHIBIT 2 <br /> <br />FEE SCHEDULE <br /> <br />Fee Schedu 2008 <br />Monthly Maintenance <br />Fund Balance Fee <br />Up to 9,999 $50 <br />10,000 to 24,999 $100 <br />25,000 to 49,999 $150 <br />50,000 to 99,000 $200 <br />Over 100,000 $250 <br /> <br />Administrative Allocation <br />Number of Transactions <br />1 to 15 <br />16 to 25 <br />26 to 40 <br />41 to 55 <br />56 to 75 <br />Over 75 <br /> <br />Fee <br />$225 <br />$250 <br />$275 <br />$300 <br />$500 <br />$750 <br /> <br />Maintenance of books <br />Year-end audit <br />Income and disbursement management <br />Financial reporting to board of directors <br />Receipts for tax-deductible donations and grants <br />Issue quarterly financial statements <br />Check processing and issuance for expenses, 19s and 1099s <br />Fee paid end of every month. Tier determined by highest value of Client's checking balance. <br />Fee will be reflected on quarterly report, funds transferred automatically. No invoice required. <br /> <br />Any checking account transaction <br />Deposit, withdrawal, check generation, etc. <br />Generation of reports (financial. Donor information) <br />Grant review and submittal <br />Receipts sent to donors less than $75, over $75 included with donor deposit transaction <br />19s and 1099s <br />Check processing <br />Check returned by bank counts as two transactions <br /> <br />Administrative consulting and long-term planning <br />Donor Database Management/Reporting <br />Grant and fund development strategic planning <br />* Requires additional contract between client and CVOC, additional fee structure to be negotiated <br />The mission of Charitable Ventures of Orange County is to provide reasonably priced fiscal services to <br />nonprofit initiatives serving Orange County. Charitable Ventures will assess its fee structure on an on- <br />]going basis. Fees are subject to change. <br /> <br />CVOC Fiscal Sponsorship Agreement <br /> <br />7 <br /> <br />25L-9 <br />
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