Your sponsorship may exist on an ongoing basis as long as your membership remains active and your project is in good standing. When the time comes for you to end the sponsorship, there are two ways to close out your sponsored fund.
End: If you cancel your membership or downgrade it to the Community level, your fiscal sponsorship will automatically end, as maintaining the Professional or Organization level of membership is a requirement of sponsorship. If you have any remaining sponsored funds left when you end your project, a staff member will contact you about next steps.
- Expire: If you have completed your project activities and want to maintain your membership with Fractured Atlas, please contact firstname.lastname@example.org. We have the ability to “expire” your project in our system once you have submitted your final Annual Report. Marking a project “expired” in our database will allow you to apply for a new project in the future.
An Annual Report will be required when you end or expire your fiscal sponsorship if you have received donations or released funds throughout the year. If you cancel or downgrade your membership before you have submitted your Annual Report, we will email you a link to the missing report.