Get the free Professional Fundraiser Contract Summary Sheet - State of Michigan - michigan

CTS-11 AUTHORITY: 1975 PA 169 State of Michigan Department of Attorney General Charitable Trust Section Professional Fundraiser Contract Summary Sheet Legal Name of Professional Fundraiser: Legal

How to fill out professional fundraiser contract summary

How to fill out professional fundraiser contract summary:

1. Start by reviewing the contract thoroughly to understand the terms and conditions. Pay attention to important details such as the purpose of the fundraising, the duration of the contract, and any financial arrangements.
2. Identify the parties involved in the contract, including the professional fundraiser and the organization seeking fundraising services. Ensure that all relevant contact information is provided accurately.
3. Describe the scope of work or services that will be provided by the professional fundraiser. Specify the fundraising methods, such as events, campaigns, or solicitation strategies, that will be utilized.
4. Clearly outline the financial arrangements, including any fees or compensation to be paid to the professional fundraiser. State whether the compensation is a fixed amount, a percentage of funds raised, or any other agreed-upon terms.
5. Include provisions regarding expenses, reimbursement, and documentation. Specify who will be responsible for covering expenses related to the fundraising activities and how they will be reimbursed. Determine whether the professional fundraiser is required to provide detailed records of expenses.
6. Address any relevant legal and compliance matters. Make sure to include clauses regarding adherence to applicable laws, regulations, and ethical fundraising practices. Consider the need for insurance coverage and liability protection.
7. Outline termination and dispute resolution procedures. Determine the conditions under which either party can terminate the contract and outline the steps that should be taken in case of disputes, such as mediation or arbitration.
8. Review and revise the contract summary for accuracy and completeness. Ensure that all necessary information is included and that the terms are fair and reasonable for all parties involved.

Who needs professional fundraiser contract summary:

1. Nonprofit organizations and charities that require external fundraising assistance.
2. Professional fundraisers or fundraising firms that provide fundraising services to organizations.
3. Donors or sponsors who want to understand the terms and conditions of their involvement in fundraising activities.

Note: It is always recommended to consult with legal professionals or experts in fundraising contracts to ensure compliance with local laws and regulations.

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What is professional fundraiser contract summary?

The professional fundraiser contract summary is a document that outlines the agreement between a charity and a professional fundraiser regarding fundraising activities.

Who is required to file professional fundraiser contract summary?

Charities that engage the services of a professional fundraiser are required to file the contract summary.

How to fill out professional fundraiser contract summary?

The contract summary must be filled out with detailed information about the fundraising agreement, including compensation, duration of the contract, and specific fundraising activities.

What is the purpose of professional fundraiser contract summary?

The purpose of the contract summary is to provide transparency about the fundraising activities of the charity and the professional fundraiser, and to ensure compliance with fundraising regulations.

What information must be reported on professional fundraiser contract summary?

The contract summary must include details about the charity and the professional fundraiser, the terms of the agreement, the compensation arrangement, and a description of the fundraising activities.