Frequently Asked Questions

Before contacting us, please browse our FAQ.
What kinds of projects do you sponsor?
We sponsor events, short-term, and long-term projects for individuals and organizations.  As long as it offers something positive and is non-commercial in nature, we will sponsor you
What issues do you sponsor?
We sponsor anything that promotes something positive. It can be anything from raising money to help a cancer patient to working to prevent deforestation, or simply working to make your community a better place to live.
What are the benefits of sponsorship?

There are several benefits to being sponsored  Among them are:

 

  • Fast start–no need to wait for IRS approval, which can take well over a year
  • Focus on your project, not on paperwork–we cover payroll, insurance, taxes, and general organizational administration
  • The door is wide open to apply for grants from foundations and local organizations
  • Receive tax-deductible donations–one time and recurring donations are available to you
  • Receive material donations
  • Receive donated goods to raffle off and sell for fundraising events
  • Get a Paypal “Donate” button to accept donations through your website
Can I apply for grants immediately after being sponsored?
Technically, yes.  However, it is highly recommended that you raise at least $1000 from your local community and supporters before you apply for foundation grants.  Many foundations want to see a proven track record and an established base of support before they will consider you for a grant.  If you do not have a track record, or existing support, we recommend that you host one or two fundraising events first, and execute a “pilot project” before applying for foundation grants.  However, there are many fundraising tools at your disposal today, including crowdfunding.  Foundation grants are just one of your options.
What are your fees?

Projects
There is no cost to apply, and we charge a low 8% administration fee.  This fee supports our ability to provide you with financial, governance, and insurance services.  For projects with budgets over $500,000, we offer lower administrative fees (between 7% and 6%) determined by the size of the budget and the needs of the project.

To help cover our administrative and insurance costs while you are raising your initial funds, we have a refundable monthly minimum project administration fee of $29.  Please see our rate page for more information.

How long does it take to be approved?
Once you have submitted your application, it will take no longer than five working days for an initial approval.  Afterward we will follow-up with a brief orientation via phone or Skype, at which time SocialGood and the Applicant will determine that we are indeed a good fit for one another.
How long will I be a sponsor?
There is no time limit, or requirement for sponsorship.  You can remain as a sponsored project for as long, or as little, as needed.  We are here only to help facilitate your successful efforts, and give you the freedom to decide what is best for you and your project.

Pin It on Pinterest

Share This