Sanborn Family Foundation

What is Eastern Gate Entertainment’s relationship with the Sanborn Family Foundation?

In order to give Eastern Gate Entertainment financial options in obtaining financing for the our scheduled projects a relationship has been forged between Eastern Gate Entertainment and the Sanborn Family Foundation. The Sanborn Family Foundation is structured as a “grantor-grantee” relationship. Sanborn Family Foundation will, in essence, be Eastern Gate Entertainment’s Fiscal Sponsor. Currently SFF acts as fiscal sponsor for various projects across the country and internationally. Eastern Gate Entertainment will be treated as a separate legal entity that will be responsible for its own tax returns, employment taxes, insurance, debts, liabilities and other legal obligations. Although fiscal sponsorship does not give Eastern Gate Entertainment 501(c)3 status, it does enable the company to access many of the benefits of the Sanborn Family Foundation’s 501(c)3 status.

Sanborn Family Foundation Mission Statement

Founded in 2001, the Sanborn Family Foundation is a Charitable 501(c)3 non-profit organization. The Sanborn Family Foundation was formed in order to help improve the quality of life in communities where basic health and educational needs are not being met. The foundation also seeks to provide emergency financial relief through charitable organizations who have demonstrated competence and integrity in dealing with emergency relief situations. The Sanborn Family Foundation is also committed to supporting and promoting excellence and moral integrity in the arts.

What is Fiscal Sponsorship?

Fiscal Sponsorship is a financial and legal system by which a legally recognized 501(c)3 public charity (such as The Sanborn Family Foundation) provides limited financial and/or legal oversight for a project initiated independently by an artist. That “project” might be a one-time project or an independent artist or even an arts organization that does not have its own 501(c)3 status. Once sponsored in this way, the project is eligible to solicit and receive grants and tax-deductible contributions that are normally available only to 501(c)3 organizations.

If you are interested in supporting any Eastern Gate Entertainment project, please make your checks out to “Sanborn Family Foundation” and because the IRS requires that NOTHING be written in the memo area of the check itself, please enclose a separate letter (see the project "Gift Letter") or fill out the appropriate contribution form for the project you want to support. Please DO NOT make the checks out to Eastern Gate Entertainment – this is very important because your donation will not be able to be processed correctly. When all is complete, mail the check to the following address:

Felicia M. Lopes

Producing Artistic Director

Eastern Gate Entertainment, Inc.

65-50 Wetherole Street, #6R

Rego Park, NY 11374

PLEASE DO NOT SEND ACTUAL CURRENCY

Sorry, we cannot accept bills or coins neither can we accept donations online. We can only accept checks or money orders at this time.

DONATION RECEIPTS AND THANK YOU LETTERS

Sanborn Family Foundation will generate a tax receipt for all contributions.

Letter to document the contribution

Although donors are welcome to write their own letters, the precise language used is important for ensuring the tax-deductibility of contributions, so we recommend that our form letter be used for each project that we have slated for as a company. Please note, that each Project has it's own Gift Letter and Contribution Form.

Donations to Sanborn Family Foundation are fully deductible.

Donations are tax-deductible when given to a 501(c)3 organization like the Sanborn Family Foundation.

Foundations, Corporations, Government Agencies or Other Institutional Grantors

Eastern Gate Entertainment’s projects are sponsored projects of Sanborn Family Foundation, a non-profit arts service organization. Sanborn Family Foundation will receive grants in behalf of Eastern Gate Entertainment’s projects, provide oversight to ensure that grant funds are used in accordance with grant agreements, and provide reports as required by the grantor.

Individual Donors When the Donor Will Receive No Goods or Services in Exchange

Eastern Gate Entertainment’s projects are sponsored projects of Sanborn Family Foundation, a non-profit arts service organization. Contributions in behalf of Eastern Gate Entertainment’s projects may be made payable to Sanborn Family Foundation and are tax deductible to the extent permitted by law.