Are you interested in a fiscal sponsorship?
Review this page thoroughly and click on the below links to download the Checklist and Application. We look forward to reviewing your application!
- Checklist: http://bit.ly/FSPAppChecklist
- Application (Section 1 & 2): http://bit.ly/FSPAppSection1and2
- Application Financials (Section 3): http://bit.ly/FSPAppSection3
What is fiscal sponsorship?
Fiscal sponsors are 501(c)(3) charitable organizations that offer charitable groups, projects, and donor collaborations a tax-exempt home. The sponsoring organization provides administrative services such as accounting, human resources, and grants management, thereby enabling the sponsored project to focus on mission-related activities such as programming and fundraising. The fiscal sponsor also bears legal responsibility for ensuring the funds are used for their intended purpose.
Fiscal sponsorship is a valuable, cost-effective service that enables charitable projects to quickly begin working towards their mission and efficiently manage back office operations. It may be a long-term relationship or a short-term relationship while the organization applies for their 501(c)(3) status.
Who should consider fiscal sponsorship?
Fiscal sponsorship is ideal for projects and organizations that:
- Have initial working capital of at least $100,000.
- Could use the back-office support of a well-run nonprofit.
- Are looking for human resources, financial, or administrative help.
- Need 501(c)(3) status.
Fiscal sponsorship is one of the many ways WRAG serves the local philanthropic community and directly furthers our mission of encouraging and supporting effective, efficient philanthropic investment. For more than 20 years, we have provided comprehensive fiscal sponsorship services to projects in the Greater Washington, DC region. We have the infrastructure and expertise to help you take your vision from idea to reality.
Efficient. We take care of all the administrative and back-office details, so you can focus on your mission.
Effective. With more than 20 years of fiscal sponsorship experience, we have the tools, expertise, and proven track record to help you succeed.
Informed. We know the rules and regulations that govern the work in the nonprofit and philanthropic sectors, so you don’t have to.
What services do we offer?
Our flexible, a la carte services are designed to support all types of projects. Below are just a few of our offerings. Please contact us for more details or to inquire about additional options.
- Accounting & financial management
- Grants management
- Vendor & contracts management
- Tax filings
- For an additional fee:
- Human resources, including payroll & benefits
- Information technology, including email & cloud computing
For more information about our fiscal sponsorship services, including pricing and sample projects, click here.
For more information about our fiscal sponsorship options or to receive a price quote for your specific project, please contact:
Carmen Rodriguez, Director of Talent and Operations
WRAG's Fiscally-Sponsored Projects
Founded in 2011, the National Family Support Network (NFSN) is a membership-based organization comprised of statewide networks of two or more Family Support and Strengthening programs, such as Family Resource Centers, working together within a collective impact framework to ensure coordinated quality support for families. As the United States’ coordinating body for Family Strengthening & Support networks, the NFSN currently has 30 member networks, comprised of more than 3,000 Family Support and Strengthening organizations, representing the great geographical and demographic diversity of the nation.
The mission of the National Family Support Network is to promote positive outcomes for all children, families, and communities by leveraging the collective impact of state networks and championing quality family support and strengthening practices and policies.
The Sports & Entertainment Impact Collective (SEIC) is an unparalleled sports and entertainment philanthropy organization that combines academic training, professional development and custom events. Recognizing the synergy and collaboration across two cultural pillars, sports and entertainment, SEIC brings together a unique group motivated by the common interest of building a more sophisticated industry with greater community impact.
SEIC offers the gold standard in educational opportunities that result in success and growth for leaders from across the sports and entertainment industries. Our students, faculty and event participants represent diverse organizations with a variety of programs, outcomes and obstacles. SEIC’s three areas of engagement remove the barriers that exist for leaders in social impact to take time and afford high quality, trusted training. SEIC’s goal is for leaders to return to their organizations after participating in one of our programs more motivated, more connected and ready to move the field forward.
Walker's Legacy Foundation is the nonprofit arm of Walker's Legacy, a digital media platform for multicultural women in business. The Walker’s Legacy Foundation is inspired by the philanthropic legacy of Madam C. J. Walker and her cause of economic empowerment for women funded through the success of her entrepreneurial endeavors. Walker’s Legacy Foundation exists to improve the livelihood and economic quality and equality of low-income women and girls. We do this by providing programming focused on improving financial literacy & financial empowerment skills for low income, high potential multicultural women and girls. We equip women-led micro-enterprises through entrepreneurship training and business development programming.
The Washington AIDS Partnership brings together ideas, people, and resources to end the HIV epidemic in the Greater Washington region. As an initiative of the Washington Regional Association of Grantmakers, the Partnership invests in local organizations, focusing programming and resources on the communities most affected by the epidemic. The Partnership also provides technical assistance to local nonprofits to increase capacity and expertise; initiates public policy initiatives to address systemic issues; convenes local government, providers, funders, and other stakeholders to implement innovative strategies to reduce HIV risk and improve the lives of people living with HIV; and each year, recruits and mentors a team of young people who provide direct volunteer service in the community.