How does ioby's fiscal sponsorship service work?

At the end of your campaign, we'll sign a simple fiscal sponsorship contract with you, in which you'll commit to using the funds you raised toward the charitable purpose described in your fundraising campaign. ioby charges a 5% administrative fee for fiscal sponsorship, so the amount retained at the end of your campaign would be 8% of your total raised (5% + the 3% processing fee), plus our $35 flat fee.

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