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Model A Agreement <br />EXHIBIT 2 <br />Charitable Ventures <br />of Orange County <br />FISCAL SPONSORSHIP <br />AGREEMENT BETWEEN <br />CHARITABLE VENTURES OF ORANGE COUNTY <br />AND <br />CITY OF SANTA ANA <br />This Agreement, made August 1, 2013, by and between Charitable Ventures of Orange County, a <br />California nonprofit public benefit corporation located in Santa Ana, California, qualified as <br />exempt from federal income tax under §501(c)(3) of the Internal Revenue Code (hereinafter <br />referred to as "CVOC"), and City of Santa Ana (hereinafter referred to as the "Committee"). <br />RECITALS: <br />A. Whereas, the Committee's goal is to advance the following mission: To promote <br />community solutions, capacity building and civic engagement so residents have <br />the ability to be well informed about items affecting their neighborhood and <br />opporutnities to improve their community (hereinafter referred to as the <br />"Mission"). <br />B. Whereas, CVOC's Board of Directors has approved the establishment of a <br />restricted fund to receive donations of cash and other property earmarked for <br />the charitable purposes of the project known as Santa Ana Grants for Blocks <br />(hereinafter referred to as the "Project"), that will be operated primarily to <br />advance the Mission, and to make disbursements in furtherance of the Mission. <br />C. Whereas, CVOC desires to act as the fiscal sponsor of the Project, by receiving <br />assets and incurring liabilities identified with the Project beginning on the <br />Effective Date as defined in Paragraph 1 and using them to pursue the Mission, <br />which CVOC's Board has determined will further CVOC's charitable and <br />educational goals, and Committee desires to manage the Project under the <br />sponsorship of CVOC. <br />THEREFORE, in consideration of their mutual and respective promises, the parties hereto <br />do hereby agree as follows: <br />1. Term of Agreement. On August 1, 2013 (hereinafter referred to as the "Effective Date"), <br />CVOC shall assume operation of the Project, which operation shall continue in effect for one (1) <br />year, automatically renewing for one (1) year periods thereafter, unless earlier terminated <br />pursuant to Paragraph 7 below. <br />Exhibit 2 <br />55A-8