Co-Sponsor, University, or Not-for-Profit Accounts
In some cases, a university or other not-for-profit organization may collect funds and make disbursements to vendors on behalf of the conference. In this case, a Fiscal Agent Memorandum of Understanding (MoU) (DOCX, 27 KB), should be signed by the Sponsoring OU and the not-for-profit organization (Agent). In some cases, the agent may also be a financial sponsor on the event, but a Fiscal Agent MoU will still be needed in addition to the Sponsorship MoU.
Note that even if the entity managing the funds is considered a not-for-profit, if they are being paid for providing goods or services of any kind to the conference, they should sign a contract rather than a Fiscal Agent MoU. See the section below on Management Companies for more details.