Embedded Files
Our model is simple and transparent: SparkWell applies a 7% service fee on funds raised or received during the program.
Service fee
7% of funds raised or received during your time in the program
Minimum fee
$10,000 over the course of your project, regardless of duration
Fee structure
Fees are deducted automatically from incoming funds
Transparency
Monthly financial reports clearly indicate fees collected
What the program fee covers
What the program fee covers
Administrative infrastructure
Administrative infrastructure
Maintenance of 501(c)(3) status that extends to your project
Legal compliance monitoring and risk management
Insurance coverage requirements
Document management and record-keeping systems
Dedicated guidance
Dedicated guidance
Monthly check-ins with your Project Liaison
Customized roadmap development and milestone tracking
Training sessions on entity formation, governance, and operations
Advisory support for strategic decisions
Financial services
Financial services
Dedicated bank account setup and management
Monthly financial reporting and bookkeeping services
Processing of donations and grant disbursements
Budget tracking and financial controls implementation
Tax filing and compliance
Operational support
Operational support
Access to employee hiring infrastructure (EOR services through Deel)
Contractor agreement templates and management
Compliance with employment laws across jurisdictions
HR systems and processes
Transition planning
Transition planning
Guidance on board formation and governance structure
Support with establishing your independent entity
Assistance with asset transfer and operational transition
Post-graduation support for up to six months
Program development
Program development
Ongoing improvement of resources and support systems
Development of the nonprofit playbook and resource portal
Maintenance of networks and knowledge-sharing systems
Community building among mission-driven projects
Understanding the minimum fee
Understanding the minimum fee
SparkWell charges a program fee of 7% on funds raised, with a minimum fee of $10,000 over the course of your project. This ensures we can provide high-quality support to every project while maintaining program sustainability.
Examples
Examples
You receive an initial grant of $100,000 for your project. SparkWell receives the grant on your project’s behalf, and deducts $10,000 to meet the minimum fee.
You receive a second grant of $100,000. SparkWell receives the grant, and deducts only $4,000 to meet the program fee of 7% ($200,000 x 7% = $14,000).
Additional grants or donations received after this point will be charged a standard 7% program fee.
Receiving funding
Receiving funding
All donors will undergo standard due diligence procedures to ensure compliance with Anti Entropy's policies and applicable regulations. The program fee is automatically deducted at the time each donation is received, and the remaining funds are allocated to your project's designated account.
Page updated
Google Sites
Report abuse