I am trying to find information regarding wording and percentages included
in a standard contract for fundraising services. We are looking into
hiring a fundraising firm and my director is concerned with the following
wording under the "FEES" section: In-Kind sponsorship sales are payable at
12% of fair market value to be dtermined by client and ???? represntative.
She is uncomfortable about paying out cash to the fundraiser when
actual "cash" is not coming in.
Is this a standard clause in this type of contract or is there another way
of handling in-kind contributions that the fundraiser brings in?
Thanks in advance for any assistance.
Todd Bothel
Curator
South Florida
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