Sigma Chi Foundation Fundraising Campaign Contract with Pennington & Company
Charity: SIGMA CHI FOUNDATION Solicitor: PENNINGTON & COMPANY FUNDRAISING LLC Filing type: Master Campaign: THE TERM OF THIS CONTRACT BEGINS ON OCTOBER 15, 2023 FOR PRE-CAMPAIGN SERVICES. PENNINGTON WILL NOT SOLICIT FUNDS UNTIL THE LATER OF: (I) FEBRUARY 1, 2024 OR (II) THE DATE ON WHICH PENNINGTON AND FOUNDATION HAVE…
Source ID: US-CO-SOL-20243007566
Scope overview
Charity: SIGMA CHI FOUNDATION Solicitor: PENNINGTON & COMPANY FUNDRAISING LLC Filing type: Master Campaign: THE TERM OF THIS CONTRACT BEGINS ON OCTOBER 15, 2023 FOR PRE-CAMPAIGN SERVICES.
PENNINGTON WILL NOT SOLICIT FUNDS UNTIL THE LATER OF: (I) FEBRUARY 1, 2024 OR (II) THE DATE ON WHICH PENNINGTON AND FOUNDATION HAVE COMPLIED WITH ALL REQUIRED SOLICITATION NOTICE, CONTRACT FILING AND DISCLOSURE OR OTHER SIMILAR FILINGS.
Approved: 2024-04-10T00:00:00+00:00 Campaign dates: 2024-02-01T00:00:00+00:00 → 2025-01-31T00:00:00+00:00 Contract effective: 2023-10-15T00:00:00+00:00 Contract termination: 2025-06-14T00:00:00+00:00 Obligations: THE PURPOSE OF THE FOUNDATION'S CAMPAIGN IS TO OBTAIN DONATIONS TO SUPPORT AND FURTHER THE FOUNDATION'S MISSION (HEREINAFTER DEFINED) AND ITS EDUCATIONAL AND CHARITABLE PURPOSES.
THE FOUNDATION'S MISSION IS TO FOSTER THE CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATIONAL PURPOSES OF SIGMA CHI FRATERNITY.
Compensation assumptions: PENNINGTON & COMPANY FUNDRAISING, LLC (PENNINGTON) ASSISTS THE SIGMA CHI FOUNDATION (FOUNDATION) STAFF IN DEVELOPING AND IMPLEMENTING A MAJOR GIFT PROGRAM; PENNINGTON CHARGES A FLAT FEE OF $360,000 FOR ITS SERVICES; THE CONTRACT WITH FOUNDATION RUNS FROM 10/15/23-6/14/25; THE SOLICITATION CAMPAIGN WILL RUN FROM THE LATER OF 2/1/24 OR THE DATE WHEN THE SOLICITATION NOTICE REQUIREMENTS ARE SATISFIED TO 6/14/25; PENNINGTON WILL SOLICIT DONATIONS ON BEHALF OF FOUNDATION; PENNINGTON DOES NOT HAVE CUSTODY OR CONTROL OF DONATIONS AT ANY TIME, ALL DONATIONS ARE MADE DIRECTLY TO FOUNDATION.
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