55A - RESO - GRANTS FOR BLOCKS PROGRAM

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Model A Agreement EXHIBIT 2 Total fees for CVOC Fiscal Sponsorship include two components: • Account Fee: $100 monthly. • Sponsorship Fee: At the time of deposit, the deposited amount is charged a sponsorship fee percentage, based on total donations raised in a calendar year. The percent is determined by the aggregate funds raised inside the calendar year at the time of the deposit. The higher the amount of funds raised, the smaller the sponsorship fee. 1 First $50,000 8% 2 Next $50,000 7.5% 3 Next $50,000 7% 4 Next $50,000 6.5% 5 Next $50,000 6% 6 Next $250,000 5.5% 7 Next $250,000 5% 8 Next $250,000 4.5% 9 Additional 4% NOTES 1. Account minimum to open your bank account: To be sponsored by CVOC the initial minimum account value must be $10,000 or greater. 2. Roll-over fees: Should you be transferring an account from another Fiscal Sponsor, a one-time roll-over fee of $500 will be taken at the time that the account is opened with CVOC. Monthly Account Fee of $100 applies. 3. Sponsorship fee percentage resets to 8% at beginning of each calendar year. 4. Projects with employees must monitor cash flow so that they maintain enough funds to cover three months of payroll at all times. Failure to do so could result in employee layoffs. 5. The Sponsorship Fee schedule above does not apply to receipts attributable to federal grants which are subject to a 10% administrative fee. 6. If a project requires additional services beyond those included in the regular administrative fee (e.g., insurance coverage, legal advice), additional fees may be assessed. Exhibit 2 55A-14