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Guadalupe council forms initial capital campaign committee and asks local nonprofit to serve as fiscal sponsor
Summary
Council approved creating a capital campaign committee to support fundraising for the Royal Theater, accepted 13 initial applicants as a starting core, and asked the Guadalupe Community Action Coalition to act as a fiscal sponsor pending an MOU; the council left membership open for further volunteers.
The Guadalupe City Council on Feb. 11 authorized formation of a capital campaign committee to support fundraising and planning for the Royal Theater restoration, naming the pool of applicants as an initial core group and asking the Guadalupe Community Action Coalition (GCAC) to serve as fiscal sponsor while an MOU is developed.
Tom Burnley, staff liaison, told the council that 11 community members had submitted applications during the initial outreach and that an additional two applicants were identified after the cutoff, bringing the initial pool to 13. Burnley described the role of a fiscal sponsor: donations would be received by the nonprofit and disbursed to the city to pay invoices, with an administrative fee to cover the sponsor's handling of funds.
Council members and public commenters discussed the committee size, potential chairperson selection, and next steps. Several residents urged the council not to cap the committee and recommended an initial meeting of all interested applicants so they could develop a charter, subcommittees, volunteer recruitment plans and fundraising tasks before the council designates a chair. Community members also asked that additional interested residents be allowed to join as the committee defines specific tasks and time commitments.
Burnley and City Attorney Philip Cinco said the GCAC had been approached about serving as a fiscal sponsor and that the arrangement would be formalized through a memorandum of understanding. The staff report referenced a typical administrative fee in the range of 3 to 5 percent to compensate a nonprofit for handling and administering funds; council members asked that any final MOU and fee structure be returned to council for approval.
Council members agreed to proceed with an initial, open approach. One council member moved to form the committee using the applicants and to request the GCAC serve as fiscal sponsor; another council member seconded. The motion passed unanimously; the meeting record shows the council voted "all ayes." The council did not appoint a chair at the Feb. 11 meeting and directed staff and council members willing to lead the initial organization to convene the applicant group to develop a work plan, recommended meetings and a proposed charter to return to council.
Staff said the MOU and fiscal-sponsor terms would return to the council for review and that the GCAC's board expansion (noted by staff) and any administrative fees would be negotiated as part of that agreement. The council also said the committee should be allowed to recruit additional volunteers and form subcommittees as needed.
