BEFORE SENDING ANY CHECK DONATIONS TO US, you must report them using our online Donation Report Form. It is your responsibility to enter all the required information into this form before sending any checks to Fractured Atlas at:
P.O. Box 55
Hartsdale, NY 10530-0055
Individual donors should send their checks to YOU, not to us, so you are able to keep track of incoming donations and report them before they are received by Fractured Atlas. If an unreported check arrives to Fractured Atlas's Caging Service, and we can tell which project it is intended to support, we will mail the check to the fiscally sponsored project. Otherwise, the check will be returned to the sender.
It is extremely important that all checks are made out to "Fractured Atlas." We cannot process checks that are made out to your project or company name, or your project name/Fractured Atlas. If a check is not made out to Fractured Atlas, we will return the check to you by mail, so that you may obtain a replacement check or amended check from the donor.
After you have reported any check donations you've received online, you should bundle the checks, include any Major Gift Letters (required for donations of $5,000 or over) and send them to the Fractured Atlas office for processing. Once we receive the checks, we will review the information you entered in the donation report form and if everything looks good, we will process the gift. If there are errors or problems, we will return the checks to you with a note explaining the error and how to correct it.
Fractured Atlas assesses its 8% fiscal sponsorship administrative fee when donations are received in our office and processed.
Fractured Atlas accepts donations by credit card through our website made for the purposes of any of our fiscally sponsored projects. Also remember that Fractured Atlas assesses its standard 8% administrative fee when a credit card donation is processed. Fractured Atlas does not assess any additional fee to cover the credit card processing expense.
Donations of Property
We need a noncash donation letter completed by the donor. Without it, we can't offer a receipt and the gift may not be tax-deductible. The donor should complete and sign the letter and send it to the fiscally sponsored project by email, fax, or mail. The donation should then be reported to Fractured Atlas by clicking the link to Report Donation of Property on your Fiscal Sponsorship Dashboard. Make sure to fill in the description of the donated items with the description the donor provided on the noncash donation letter. You will be able to upload the noncash donation letter and photograph directly to the report form before submitting it. Submitting the report will alert our staff that the donation is ready to be processed, and we'll be in touch if we have any questions.
If we're able to accept the donation, we will ask you to confirm that you've received it. Please do keep in mind that we are unable to accept certain noncash donations. If the donor estimates the value of the gift as $250 or more, we need you to take a photograph of the donated property and send it to Fractured Atlas before can process the donation and issue a tax receipt. So, if you receive donated food items or catering, be sure to snap a picture before consuming!
The administrative fee assessed on noncash donations is based on the total value of the items indicated by your donor on the noncash donation letter, and will be charged at the time the donation is processed by Fractured Atlas. You must have a sufficient balance in your sponsored fund to cover the fee or we will charge the fee to the credit card on file for membership dues. We recommend that you inspect all noncash donations before the donation is processed and a receipt issued, to ensure that the donor's estimated value is appropriate. (FYI: If the donor does not require a receipt and isn't looking for a tax deduction, then it is unnecessary to process the gift through your sponsored fund.)
Note: All donations are held for 7 calendar days before they're made available for release. This allows for us to rectify any situations that could further delay the release of funds (bounced checks, delayed credit card settlements, etc.). Please plan accordingly.