Fiscal Sponsorship Agreement
Last Updated: August 8th, 2025
MODEL C FISCAL SPONSORSHIP AGREEMENT
Online Service Agreement
By completing your purchase, you ("Project Director" or "you") agree to enter into this Model C Fiscal Sponsorship Agreement with Iglesia Del Evangelio Pleno De Miami Inc ("Fiscal Sponsor") through MissionFlow ("MissionFlow" or "Platform").
This Fiscal Sponsorship Agreement ("Agreement") is entered into by and between Iglesia Del Evangelio Pleno De Miami Inc., a Florida nonprofit corporation recognized as tax-exempt under Internal Revenue Code ("IRC") Section 501(c)(3), EIN: 65-0851584 ("Fiscal Sponsor"), and the undersigned Project Director on behalf of the sponsored project identified below ("Project" or "Sponsored Project").
This Agreement is facilitated through MissionFlow ("Platform") and constitutes a legally binding contract upon electronic acceptance.
1. MODEL C FISCAL SPONSORSHIP RELATIONSHIP
1.1 Nature of Relationship. This Agreement establishes a Model C (Pre-Approved Grant Relationship) fiscal sponsorship as recognized by the Internal Revenue Service. Under this arrangement:
- The Fiscal Sponsor receives tax-deductible charitable contributions on behalf of the Project;
- The Fiscal Sponsor evaluates the Project's charitable purposes and, at its sole discretion, makes grants to support the Project's activities;
- The Fiscal Sponsor retains full legal ownership and control over all contributed funds;
- The Project Director operates the Project's charitable activities subject to the terms of this Agreement.
1.2 Variance Power. Consistent with IRS requirements for tax-deductible charitable contributions, the Fiscal Sponsor retains exclusive legal control and discretion over all donated funds ("Variance Power"). The Fiscal Sponsor may, in its sole and absolute discretion: (a) modify the restrictions or conditions on any gift or grant; (b) redirect funds to other charitable purposes if the Project ceases to operate, fails to fulfill its charitable mission, or engages in activities inconsistent with IRC Section 501(c)(3); or (c) decline to make any grant disbursement. Donors acknowledge that their contributions become the legal property of the Fiscal Sponsor upon receipt.
1.3 No Independent Nonprofit Status. The Project is NOT an independent 501(c)(3) organization. The Project operates under the Fiscal Sponsor's tax-exempt status and may not represent itself as a separate tax-exempt entity.
1.4 Tax-Deductible Contributions. Donations made to the Fiscal Sponsor and designated for the Project are tax-deductible to the extent permitted by law. Only the Fiscal Sponsor may issue tax-deductible receipts to donors.
2. CHARITABLE PURPOSE REQUIREMENTS
2.1 Approved Charitable Purpose. The Project must operate exclusively for charitable, educational, religious, or scientific purposes within the meaning of IRC Section 501(c)(3). The Project Director shall provide a written description of the Project's charitable mission and activities, which must be approved by the Fiscal Sponsor prior to commencement of sponsorship.
2.2 Prohibited Activities. The Project shall NOT engage in:
- Political campaign intervention or support for any candidate for public office;
- Substantial lobbying or attempts to influence legislation (as defined under IRC Section 501(c)(3));
- Private inurement or excess benefit transactions benefiting any individual;
- Activities that are illegal under federal, state, or local law;
- Any activity inconsistent with the Fiscal Sponsor's tax-exempt status.
2.3 Annual Charitable Review. The Fiscal Sponsor shall conduct an annual review of the Project's activities to ensure continued compliance with IRC Section 501(c)(3) requirements. The Project Director agrees to cooperate fully with such reviews.
3. GRANT DISBURSEMENTS AND FUND MANAGEMENT
3.1 Source of Grant Funds. The Fiscal Sponsor shall disburse to the Project only those funds that have been specifically designated, restricted, or contributed by donors for the express benefit of the Project's charitable activities. Contributions received by the Fiscal Sponsor that are not explicitly designated for the Project shall remain the sole property of the Fiscal Sponsor and shall not be subject to disbursement under this Agreement.
3.2 Separate Accounting. The Fiscal Sponsor shall maintain separate accounting records for all contributions designated for the Project. Such records shall track all receipts, disbursements, and fund balances attributable to the Project.
3.3 Disbursement Conditions. Grant disbursements are subject to: (a) availability of designated Project funds; (b) the Project's compliance with all terms of this Agreement; (c) satisfactory submission of required reports; (d) continued alignment with the Fiscal Sponsor's charitable mission; and (e) the Fiscal Sponsor's sole discretion regarding the charitable appropriateness of requested expenditures.
3.4 No Obligation to Disburse. Nothing in this Agreement obligates the Fiscal Sponsor to disburse any specific amount or to approve any particular expenditure. The Fiscal Sponsor reserves the right to deny disbursement requests that, in its judgment, do not further charitable purposes.
3.5 Use of Funds. All grant funds must be used exclusively for the Project's approved charitable purposes. Funds may not be re-granted or transferred to third parties without prior written approval from the Fiscal Sponsor.
4. FEES AND CHARGES
4.1 Platform Fees. The Project Director agrees to pay the applicable MissionFlow platform fees as selected during enrollment:
- Monthly Plan: $295.00 per month (auto-renewing); or
- 3-Month Plan: $195.00 per month (billed quarterly at $585.00)
4.2 Administrative Fee. The Fiscal Sponsor shall deduct an administrative fee equal to five percent (5%) from all grants received over $4,500. Such fees shall be retained by the Fiscal Sponsor to cover operational, compliance, and oversight costs associated with the fiscal sponsorship.
4.3 Fee Changes. MissionFlow may change platform fees at any time with thirty (30) days' advance notice. All fees are non-refundable and will be automatically charged to the Project Director's payment method on file.
5. REPORTING AND RECORD-KEEPING
5.1 Monthly Reports. The Project Director shall provide monthly financial and narrative reports to the Fiscal Sponsor describing the use of granted funds and program outcomes.
5.2 Annual Report. Within thirty (30) days following each anniversary of this Agreement, the Project Director shall submit a comprehensive annual report including: (a) summary of charitable activities; (b) detailed financial accounting of all fund usage; (c) confirmation of compliance with IRC Section 501(c)(3); and (d) plans for the upcoming year.
5.3 Record Retention. The Project Director shall maintain accurate, complete financial and programmatic records for a minimum of seven (7) years. Such records shall be made available to the Fiscal Sponsor upon reasonable request for inspection, audit, or review.
5.4 Audit Rights. The Fiscal Sponsor reserves the right to conduct periodic audits or monitoring reviews to ensure compliance with this Agreement and applicable IRS regulations.
6. FUNDRAISING
6.1 Fundraising Events. The Project may conduct fundraising events (including galas, auctions, athletic events, and other gatherings) for the purpose of raising charitable funds. The Fiscal Sponsor's role shall be limited to receiving qualifying tax-deductible contributions and re-granting such funds pursuant to this Agreement.
6.2 Donor Acknowledgment. All fundraising materials must clearly state that contributions are made to Iglesia Del Evangelio Pleno De Miami Inc. for the benefit of the Project and are tax-deductible to the extent permitted by law.
7. RETURN OF FUNDS
Any grant funds that: (a) are not used for approved charitable purposes; (b) remain unspent upon termination of this Agreement; (c) are used in violation of this Agreement; or (d) are used inconsistent with IRC Section 501(c)(3) requirements, shall be returned to the Fiscal Sponsor or, at the Fiscal Sponsor's discretion, redirected to other charitable purposes consistent with donor intent where feasible.
8. TERMINATION
8.1 Termination by Project Director. The Project Director may terminate this Agreement by providing sixty (60) days' advance written notice to the Fiscal Sponsor.
8.2 Termination by Fiscal Sponsor. The Fiscal Sponsor may terminate this Agreement immediately upon written notice if: (a) the Project materially breaches any term; (b) continued sponsorship would jeopardize the Fiscal Sponsor's tax-exempt status; (c) the Project's activities are no longer charitable or lawful; (d) the Project fails to provide required reports; or (e) the Project engages in prohibited activities.
8.3 Effect of Termination. Upon termination, any remaining funds shall continue to be held by the Fiscal Sponsor and used at its sole discretion for purposes consistent with the Project's original charitable mission and IRC Section 501(c)(3), or redirected to similar charitable purposes if the original purpose cannot be fulfilled.
9. TAX RESPONSIBILITIES
The Project Director acknowledges and agrees that the Project is solely responsible for the payment of all federal, state, and local taxes, including income taxes, employment taxes, payroll taxes, and any other tax obligations arising from its operations. The Fiscal Sponsor shall not be liable for any tax obligations of the Project or Project Director.
10. INDEPENDENT CONTRACTOR STATUS
The Project Director and Project are independent contractors and are not employees, agents, partners, or joint venturers of the Fiscal Sponsor. Nothing in this Agreement creates any employment, partnership, or agency relationship. The Project Director shall not represent authority to bind the Fiscal Sponsor.
11. INDEMNIFICATION AND LIABILITY
11.1 Indemnification. The Project Director agrees to indemnify, defend, and hold harmless the Fiscal Sponsor, MissionFlow, and their respective officers, directors, employees, and agents from any claims, damages, losses, costs, and expenses (including attorney's fees) arising from the Project's activities, use of funds, or breach of this Agreement.
11.2 Limitation of Liability. THE FISCAL SPONSOR AND MISSIONFLOW DISCLAIM ALL LIABILITY FOR MONEY LOST DURING DONATION TRANSACTIONS, INCLUDING PAYMENT PROCESSOR ERRORS, BANK DELAYS, TECHNICAL FAILURES, FRAUDULENT TRANSACTIONS, OR THIRD-PARTY SERVICE PROVIDER ERRORS. THE PROJECT DIRECTOR ASSUMES ALL RISKS ASSOCIATED WITH ONLINE FINANCIAL TRANSACTIONS. TOTAL LIABILITY SHALL NOT EXCEED FEES PAID IN THE PRECEDING TWELVE (12) MONTHS.
12. INSURANCE REQUIREMENTS
The Project Director shall obtain and maintain, at Project Director's sole expense, for the duration of this Agreement and two (2) years following termination:
- General Liability Insurance: $1,000,000 per occurrence / $2,000,000 aggregate
- Professional Liability Insurance (if applicable): $1,000,000 per claim
- Workers' Compensation Insurance as required by applicable state law
- Commercial Auto Insurance (if applicable): $1,000,000 combined single limit
All policies shall name Iglesia Del Evangelio Pleno De Miami Inc., its officers, directors, employees, agents, and MissionFlow as additional insureds.
13. CONFLICT OF INTEREST
The Project Director shall avoid any conflict of interest that could result in private benefit or inurement. The Project Director shall disclose to the Fiscal Sponsor any transaction or relationship that may present a potential conflict of interest, including transactions with family members, business associates, or entities in which the Project Director has a financial interest.
14. GENERAL PROVISIONS
14.1 Governing Law. This Agreement shall be governed by the laws of the State of Florida. Disputes shall be resolved in courts of competent jurisdiction in Florida.
14.2 Entire Agreement. This Agreement constitutes the entire agreement between the parties and supersedes all prior negotiations and agreements.
14.3 Amendments. This Agreement may only be amended by written instrument signed by both parties or by updated electronic acceptance through the Platform.
14.4 Severability. If any provision is held invalid, the remaining provisions shall continue in full force.
14.5 Notices. All notices shall be in writing and delivered personally, by certified mail, or electronically to the addresses on file.
14.6 Assignment. This Agreement may not be assigned without the Fiscal Sponsor's prior written consent.
15. ACKNOWLEDGMENTS
By accepting this Agreement, the Project Director acknowledges and agrees:
- I am at least 18 years old and have authority to enter this Agreement;
- I understand this is a Model C fiscal sponsorship, not an independent nonprofit;
- I understand the Fiscal Sponsor owns and controls all contributed funds;
- I understand the Fiscal Sponsor retains Variance Power over all donations;
- I accept all financial risks associated with online transactions;
- I will comply with all IRC Section 501(c)(3) requirements;
- I will provide required reports and maintain proper records;
- I have read and understand all terms and conditions.
16. ELECTRONIC ACCEPTANCE AND CONSENT
16.1 Acceptance by Checkbox. By checking the box labeled "I AGREE TO THE FISCAL SPONSORSHIP AGREEMENT" and completing payment through the Platform, the Project Director agrees to the following statement:
16.2 Scope of Acceptance. By accepting this Agreement, the Project Director:
- Acknowledges having read, understood, and agreed to all terms and conditions;
- Confirms understanding that this constitutes a Model C fiscal sponsorship where the Fiscal Sponsor retains Variance Power;
- Acknowledges that the Fiscal Sponsor has no obligation to disburse funds and retains sole discretion over all grant decisions;
- Accepts all financial risks associated with online transactions;
- Agrees to comply with all IRC Section 501(c)(3) requirements;
- Agrees to provide all required reports and maintain proper records for a minimum of seven (7) years;
- Consents to conduct this transaction electronically and to receive all notices electronically.
16.3 Legal Effect. The Project Director understands and agrees that checking the acceptance box and completing payment constitutes the Project Director's electronic signature and acceptance of this Agreement, which is legally binding under the Electronic Signatures in Global and National Commerce Act (E-SIGN Act), 15 U.S.C. § 7001 et seq., the Uniform Electronic Transactions Act (UETA), and all applicable state and federal laws. This electronic acceptance has the same legal force and effect as a handwritten signature on a paper contract.
16.4 Waiver of Paper Documents. The Project Director waives any requirement for a paper copy of this Agreement or a handwritten signature, and agrees that the electronic record of acceptance maintained by the Platform constitutes sufficient evidence of agreement to these terms. The Project Director may request a PDF copy of this Agreement at any time.
16.5 Age and Authority. By accepting this Agreement, the Project Director represents and warrants that they are at least eighteen (18) years of age and have full legal authority to enter into this Agreement on behalf of the Project.
16.6 Record of Acceptance. The Platform shall maintain a record of the Project Director's electronic acceptance, including the date, time, and IP address of acceptance, which shall serve as conclusive evidence of the Project Director's agreement to these terms.
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FISCAL SPONSOR: Iglesia Del Evangelio Pleno De Miami Inc. | EIN: 65-0851584
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