TM          

FUNDRAISING AGREEMENT FOR NOT-FOR PROFIT ORGANIZATIONS 

        AGREEMENT made and entered into on the ______ day of _________, 2005, by and between AuctionStore.comTM, having its principal place of business at 39 Stringham Avenue, Valley Stream, NY 11580, hereinafter referred to as the “Store” and

 ____________________________________________________________________
having its principal place of business at
 
 ____________________________________________________________________
hereinafter referred to as the “Charity”.
 
The parties agree as follows: 
  1. The “Store” is granted the right and privilege to auction donated items on eBay® on behalf of the "Charity".
  1. The “Store” will strive to gain the highest value possible for the goods listed.
  1. The “Store” will maintain the utmost integrity with respect to our relationship with the "Charity" as well as the donor.  We shall endeavor to minimize any expenses which may be necessary to maximize the potential value of the goods donated (i.e. cleaning, sewing, repair, etc.). Said expenses (if any) are deducted from auction proceeds.
  1. The “Store” will handle all aspects of the online auction with eBay® which will include but are not limited to the following:

a.       We receive your donated merchandise.

b.       We sort, inspect, clean and professionally photograph your items.

c.       We secure your goods in our climate controlled facility during the sale when necessary.

d.       We prepare compelling descriptions for each of your items and launch them on eBay®.  Charities can view their items online at AuctionStore.com’sTM website.

e.       We carefully monitor all aspects of your auction and respond to inquiries from potential buyers by telephone or email.

f.   We secure payment for your goods following the auction.

g.       We pack and ship all of your items that sell to their respective buyers.

h.       We advance all eBay® listings, final value and electronic processing fees.

i.     Proceeds settlement checks will be sent to charity. 

  1. The "Charity" has no financial obligation whatsoever.
  1. Our fees for our services are on a sliding scale of 10% to 39% depending on the final amount each item brings at auction… our fee schedule is listed below:

 

10%  of the portion of the auction selling price above  $5000.01

25%  of the portion of the auction selling price between $500.01 - $5000

39%  of the portion of the first $500 of the auction selling price. 

 
Additionally there is a 10% pick up surcharge (to cover our added expenses) for those items that are not delivered to our location and we must pick up.  eBay’s listing, final value and any electronic payment processing fees that we advanced to eBay for the auction are subtracted from the “Charity” share of the proceeds disbursement

 

  1. The “Store” will comply with all the laws, ordinances, rules and regulations pertaining to the operation of the Auction, and the "Charity" will be held harmless against any fine, penalty or damage for any actual or alleged failure on the part of The "Store" to comply therewith.

 

         _____________________________      ____________________________

         Not For Profit Organization Representative               AuctionStore.comTM Representative

 






















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