Sponsorship: Structuring Your Relationship with a Sponsor
Once you have identified a potential sponsor,
the next step is formal affiliation for the purpose of seeking and receiving a
grant. How loose or structured your relationship with the sponsor will be
depends upon the individual situation and the customary practices of the
sponsor. Some will treat you more or less as an employee, requiring you to work
on the premises, some as a consultant, some as an affiliate, and some will
leave you pretty much alone. Ask about such administrative ties before you make
any promises so that you can select a sponsor whose practices in this respect
will most nearly coincide with your needs.
Since you may require professional guidance from
your sponsor in administering the grant as well as seeking funds, it is always
best to avoid surprises. Ask in advance. Secure in writing, if possible, what
is expected of both you and the sponsor and who supplies what services in
exchange for what, right down to the last pencil.
To avoid being gobbled up by your own sponsor,
consider drafting a letter of agreement at the time you decide to affiliate.
Better yet, have an attorney do it. Such a letter functions as a contract if
you both sign it. It specifies the responsibilities and benefits of both you
and the sponsoring organization as a direct result of your joint collaboration.
Ordinarily, it sets a time limit on your affiliation. Remember, sponsors will
want you to be quite specific about your plans once the grant money runs out.
For sample fiscal sponsorship policies, procedures, and guidelines,
visit our FAQ: Where
can I find examples of policies, procedures and guidelines for fiscal
sponsorship agreements on the Internet?
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