Interested in seeding your own nonprofit or do-gooder project, but don’t have a 501c3 status? Or, is your nonprofit interested in broadening its horizons without having the internal capacity or the vision to do so?
Fiscal sponsorship generally entails a nonprofit organization (the “fiscal sponsor”) agreeing to provide administrative services and oversight to, and assume some or all of the legal and financial responsibility for, the activities of groups or individuals engaged in work that relates to the fiscal sponsor’s mission. Sometimes, the project/grant grows into its own entity; other times it becomes a program of the fiscal sponsor.
This has always been a disorganized process. There are certainly tools through the Foundation Center, word of mouth, and otherwise, but I didn’t see a large hub that appears to be the proper connector between ideas and fiscal conduits. Now, there’s fiscalsponsors.org, which has appropriate background and tools for connection from both sides.
If you’re a grantwriter or might want to/need to be one, or if you work for a nonprofit entity, take a look and tune in.