A few explanations:

• From 2016 to 2019, all donations that were designated to our trainees' programs were disbursed to those programs and are reflected as regrants. Eight percent of all designated donations were retained by Cultivate to cover credit card processing fees, bank fees, transfer fees, accounting, and other costs associated with accepting, managing, and disbursing those funds. Due to our limitations, we retired this program at the end of 2019. Our trainees' programs that were using this service were given referrals to other fiscal sponsorship organizations that we trust so that their programs would not be affected by this change.
• We know that strong, well-managed nonprofits aim for 80% of all their expenses to be allocated to their programs and that is our goal. As any startup organization, it takes more resources to initiate an effort than it does to maintain it. So we ask that you be patient with our administrative expenses, knowing that we're working diligently to lower these costs and focus our efforts on our programs.