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EXHIBIT 1 <br />PROGRAM SPONSORSHIP GUIDELINES <br />FOR NON-PROFIT 501(C)(3) ORGANIZATIONS <br />1. As of the Effective Date of this Agreement, CVOC lends its tax-exempt status to the <br />Program, meaning that the Program becomes a project of CVOC's, subject to all IRS rules and <br />regulations regarding charitable endeavors. <br />2. Sponsorship services include the provision of non-profit status to the Program (thus making <br />contributions tax-deductible), the receipting and managing of contributions, and the <br />authorization and payment of grants and expenses from the fund created for the project. <br />Sponsorship services do not include administrative or fundraising support, or financial support <br />except as otherwise provided in Paragraph 5 below. <br />3. Once this FSA is effective, a restricted fund bearing the Program's name will be established. <br />The Program is then accounted for as: "The Santa Ana Grants for Parks Fund, a program of <br />CVOC", for IRS auditing, financial reporting, marketing, and fundraising purposes. As fiscal <br />sponsor, the fund will be deemed to be a fund of CVOC and CVOC will be legally responsible <br />for the Program's administration, management, and disbursement of funds. <br />4. CVOC retains the right to approve payments to carry out the purposes of the program. The <br />City may make recommendations for the specific expenditures on behalf of the Program, <br />which CVOC will review, and if approved, will authorize payment. <br />5. CVOC prepares receipts and acknowledgments for all gifts over $75.00 to the project fund. <br />CVOC will provide quarterly financial reports to the City. CVOC will provide grant submittal <br />and packaging support for all grants submitted under the sponsorship agreement. <br />6. The City may apply to funding sources under the auspices of CVOC, subject to CVOC's prior <br />written approval, but CVOC is not in any way responsible for actual fundraising or for <br />providing financial support for the project. CVOC must review in advance all fundraising <br />plans and requests for funding. In addition, all copy referencing CVOC to be used in <br />marketing or fundraising must be approved by CVOC. <br />7. It is requested that the City credit CVOC in publications and news releases or stories. <br />Likewise, CVOC may give the project mention in newsletters and annual reports of CVOC. <br />CVOC Fiscal Sponsorship Agreement g <br />25L-8 <br />