📝 Fiscal Sponsorship Agreements
This PR defines the agreements and terms for officially transitioning projects and assets to the Foundation.
The Fiscal Sponsorship Agreement is the formal legal contract between the Commonhaus Foundation (“Sponsor”) and a Project’s representatives (“Signatories”). It sets out the legal relationship, roles, and responsibilities for Projects under the Foundation’s fiscal sponsorship.
The Terms and Conditions for Fiscal Sponsorship provides detailed operational guidelines for sponsored Projects. These Terms clarify how Projects are supported, outline financial and administrative processes, and define responsibilities for both the Project and the Sponsor.
The Asset Transfer Agreement governs the transfer of assets (such as funds, trademarks, or other property) from the current owner (the “Assignor”) to the Sponsor as part of the fiscal sponsorship arrangement.
When we have approved these documents, each project will effectively be at the beginning of the On-boarding phase (as described in the Terms and Conditions).
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