How must an Engineering For Kids franchisee submit their Regional Contribution to the Regional Fund?
Engineering_For_Kids Franchise · 2025 FDDAnswer from 2025 FDD Document
- (d) You must submit your Regional Contribution to the Regional Fund by electronic funds transfer on the same schedule as your Royalty Fees. At the same time, you will have to submit the reports that we or the Regional Fund require. We may require
that your Regional Contribution and reports to the Regional Fund be made to us for distribution to the Regional Fund.
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 25–36)
What This Means (2025 FDD)
According to the 2025 Engineering For Kids FDD, franchisees must submit their Regional Fund contributions via electronic funds transfer. This payment must be made on the same schedule as their royalty fees.
In addition to the monetary contribution, franchisees are also required to submit any reports that Engineering For Kids or the Regional Fund may require. Engineering For Kids retains the right to mandate that both the Regional Contribution and associated reports be submitted to them for distribution to the Regional Fund.
This process ensures that Regional Funds are consistently supported and that Engineering For Kids maintains oversight of the funds' distribution. Franchisees should be aware of these requirements and prepared to comply with the specified payment and reporting schedules.