Sponsorship Declaration for the United States

Sponsorship Declaration Template for United States

A Sponsorship Declaration is a formal document used in the United States to establish and document a sponsorship relationship between parties. It outlines the terms, conditions, and obligations of both the sponsor and sponsee, including financial arrangements, duration, and specific deliverables. The document complies with U.S. federal regulations, including IRS requirements and FTC guidelines for sponsorship disclosure, while also addressing state-specific legal requirements for the jurisdiction where it's executed.

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What is a Sponsorship Declaration?

The Sponsorship Declaration serves as a crucial legal instrument in the United States for formalizing sponsorship arrangements. This document is essential when organizations or individuals seek to establish clear, legally-binding sponsorship relationships while ensuring compliance with federal and state regulations. The declaration includes specific details about financial commitments, brand usage rights, exclusivity provisions, and required disclosures. It's particularly important for maintaining transparency and protecting both parties' interests while adhering to IRS requirements and FTC guidelines for sponsorship arrangements.

What sections should be included in a Sponsorship Declaration?

1. Parties: Identification of sponsor and sponsee with full legal names and addresses

2. Background: Context of the sponsorship relationship and primary objectives

3. Definitions: Key terms used throughout the declaration

4. Sponsorship Details: Specific nature and scope of the sponsorship

5. Financial Terms: Payment amounts, schedule, and method

6. Duration: Term of sponsorship including start and end dates

What sections are optional to include in a Sponsorship Declaration?

1. Intellectual Property Rights: Use of logos, trademarks, and branded content - include when sponsorship involves brand representation

2. Exclusivity Provisions: Terms regarding exclusive sponsorship rights - include when sponsor requires category exclusivity

3. International Considerations: Cross-border obligations and requirements - include when parties are from different countries

What schedules should be included in a Sponsorship Declaration?

1. Schedule A - Sponsorship Benefits: Detailed list of sponsorship benefits and deliverables

2. Schedule B - Payment Schedule: Detailed payment terms and milestone dates

3. Schedule C - Brand Guidelines: Sponsor's brand usage requirements and restrictions

4. Appendix 1 - Required Disclosures: FTC-mandated sponsorship disclosures and requirements

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

United States

Publisher

Genie AI

Document Type

Declaration Form

Cost

Free to use
Clauses
Industries

Federal Tax Laws: IRC Section 501(c)(3), IRS reporting requirements for sponsorship payments, and rules distinguishing sponsorship from advertising (Revenue Ruling 2003-64)

FTC Regulations: Federal Trade Commission guidelines for endorsements and testimonials, disclosure requirements for sponsored content, and Truth in Advertising laws

State-Specific Laws: State tax regulations on sponsorship income, state-specific disclosure requirements, and state charitable organization regulations

Industry-Specific Regulations: Regulations specific to different sectors including sports sponsorship, educational institution sponsorship rules, and broadcasting regulations

Immigration Laws: USCIS regulations and visa requirements for cases involving international sponsors or sponsees

Contract Law: State contract law principles and Uniform Commercial Code (UCC) requirements governing contractual agreements

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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