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Microgrant Fiscal Sponsor Fee Term

Apply an explicit fiscal sponsor fee fraction to one microgrant without selecting grant or fee terms.

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Description

Allocate a supplied microgrant sponsor fee and remainder.

Community records describe contributions, volunteer time, grants, notices, language requests and meeting participation. Person-minutes differ from elapsed task time, assigned in-kind values require a valuation basis, and a nominal seat count need not be a whole-person allocation. Supplied participation or permission flags do not verify actual access, consent or eligibility.

Allocate a supplied microgrant sponsor fee and remainder.

When to use this tool

Use Microgrant Fiscal Sponsor Fee Term when you already have grantAmount, suppliedFeeFraction and need to allocate a supplied microgrant sponsor fee and remainder.

How to use the tool and how it works

  1. Enter grantAmount, suppliedFeeFraction. Use the units and conventions below.
  2. Run the tool. Correct any format, range, or cross-field input error before interpreting the output.
  3. Read sponsorFee, amountAfterFee. Use the output convention below.

Require grantAmount>=0 and fee fraction in [0,1]; return grant*fraction and grant*(1-fraction).1

Input fieldMeaning and unitsAccepted input
grantAmountGrant AmountRequired. Finite number; minimum 0.
suppliedFeeFractionSupplied Fee FractionRequired. Finite number; minimum 0; maximum 1.
Output fieldInterpretationReturned shape
sponsorFeeSponsor FeeRequired. Finite number.
amountAfterFeeAmount After FeeRequired. Finite number.
json
{
  "input": {
    "grantAmount": 1000,
    "suppliedFeeFraction": 0.05
  },
  "output": {
    "sponsorFee": 50,
    "amountAfterFee": 950
  }
}

Limitations and assumptions

  • No sponsor agreement, applicable rate, tax, eligibility, value or actual grant payment is verified.
  • Inputs must satisfy both the field types and the cross-field conditions above. Invalid input causes an error; a successful false flag or documented placeholder is a different result.
  • Numeric calculations use binary floating point unless exact decimal-integer arithmetic is explicitly stated. No hidden measurement tolerance or decimal rounding is added; nonfinite or out-of-contract results are rejected. Numeric signed-zero results are exported as zero.

Alternative or Complementary methods

Review the underlying meeting, funding, service and volunteer records with the applicable project rules. Use full budgets, schedules and participation evidence when evaluating delivery or fairness; local labels and arithmetic retain only the stated assumptions.

References

  1. Calculation and input contract: community-development/microgrant-fiscal-sponsor-fee-term — tool.io

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