SparkWell operates on a fee-based model that allows us to provide support while ensuring our program's sustainability:
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Program fee
7% of all funds raised or received during your time in the program
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Fee structure
Fees are deducted automatically from incoming funds
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Minimum fee
$10,000 over the course of your project, regardless of duration
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Transparency
Monthly financial reports clearly indicate all fees collected
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What the program fee covers
Administrative infrastructure
- Maintenance of 501(c)(3) status that extends to your project
- Legal compliance monitoring and risk management
- Insurance coverage requirements
- Document management and record-keeping systems
Dedicated guidance
- Monthly check-ins with your Project Liaison
- Customized roadmap development and milestone tracking
- Training sessions on entity formation, governance, and operations
- Advisory support for strategic decisions
Financial services
- Dedicated bank account setup and management
- Monthly financial reporting and bookkeeping services
- Processing of donations and grant disbursements
- Budget tracking and financial controls implementation
- Tax filing and compliance
Operational support
- Access to employee hiring infrastructure (EOR services through Deel)
- Contractor agreement templates and management
- Compliance with employment laws across jurisdictions
- HR systems and processes
Transition planning
- Guidance on board formation and governance structure
- Support with establishing your independent entity
- Assistance with asset transfer and operational transition
- Post-graduation support for up to six months
Program development
- Ongoing improvement of resources and support systems
- Development of the nonprofit playbook and resource portal
- Maintenance of networks and knowledge-sharing systems
- Community building among mission-driven projects
Understanding the minimum fee
SparkWell charges a program fee of 7% on funds raised, with a minimum fee of $10,000 over the course of your project. This ensures we can provide high-quality support to every project while maintaining program sustainability.
Example
Receiving funding
All donors will undergo standard due diligence procedures to ensure compliance with Anti Entropy's policies and applicable regulations. The program fee is automatically deducted at the time each donation is received, and the remaining funds are allocated to your project's designated account.