Payment
Chapters will receive a revenue share of up to $2,000 for each confirmed participant. If attendance for less than 24 participants is confirmed, the revenue share will be reduced by 50% for each participant count below 24. For example, if only 20 participants attend, the revenue share is reduced as follows:
• Revenue share ($2,000 X 20 participants): $40,000
• Less: 50% attendance credit ($1,000 X 4 participants): (4,000)
• Net chapter revenue share: $36,000
• This results in a revenue share of $1,800 per participant.
Chapters will receive payment for their portion of the program upon completion of Week 2 and will be expected to cover upfront costs for the program.