The Role of Fiscal Sponsors in Navigating Advocacy and Lobbying for Nonprofits
Fiscal sponsorship goes beyond administrative support, helping nonprofits navigate advocacy and lobbying. Understanding the difference between them is key, as nonprofits must follow specific rules to protect their tax-exempt status. By partnering with a nonprofit fiscal sponsor, your organization can focus on advancing its mission with a solid foundation for legal and financial compliance.
More Than Just Admin Support for This Social Justice Organization
PG Changemakers sought a fiscal sponsor who could take on administrative tasks, aligned with their values, and offer guidance. Here’s why we were the right choice for them. Learn more about how Mission Edge partners with changemakers to navigate the complexities of growth and impact. Together, we can turn visions of a more equitable world into reality.
How To Use Fiscal Sponsorship To Expand Your CSR Initiatives
In today’s corporate environment, businesses are becoming increasingly interested in finding new and creative ways to contribute positively to society – and we’re here for it. One strategy businesses can take to increase their impact through corporate social responsibility is to find a fiscal sponsor to operate their charitable project as if it were a nonprofit organization.
How Our Fiscal Sponsorship Unlocked Access to $300K in Grant Funding for This Charitable Mission
Our fiscal sponsorship partnership is unlocking new potentials for Hustle 2.0, enabling access to critical programs for incarcerated individuals at no cost. Thanks to our partnership, they've been able to access over $300k in funding so they focus on their core mission without the added burden of nonprofit compliance. This has aided in 5,500 scholarships being distributed over 47 states.
How We’re Helping This Charitable Mission Prepare for 501(c)(3) Independence
Learn how Mission Edge is helping Catalyst Kitchens achieve their charitable goals through fiscal sponsorship so that they can scale and eventually become an independently-run nonprofit. Our goal is to help organizations better serve their communities by taking on things like accounting, compliance management, and human resources.
A Beginner’s Guide to Nonprofit Accounting
A deep dive into how nonprofits can better manage their money, from net assets to functional expenses, nonprofit budget management to navigating IRS Form 990. Learn how Mission Edge supports its nonprofit clients through fiscal sponsorship and accounting services to stay organized, compliant, and confident.
How Mission Edge Helped This Veteran Turn His Passion Project Into a Donor-Funded Museum
The Nautical History Gallery Museum offers an up-close journey through the evolution of naval ships. However, they lacked a nonprofit status and infrastructure to accept donations. That’s where Mission Edge’s Fiscal Sponsorship came in. We decided to take on NHGM as a fiscally sponsored project under our own Community Give Back program because their cause aligns with the heart of our mission.
Restructuring Your Nonprofit
Fiscal sponsorship may be a powerful transition for your organization. While it represents an additional expense, the benefits — such as access to the sponsor's tax-exempt status, administrative support (a fully staffed accounting, HR, and operations department), and potential for increased funding — can outweigh these costs for nonprofits interested in restructuring.
From a Small Social Justice Initiative to Coordinating More Than 40,000 Volunteers
Hands On San Diego’s mission to strengthen communities through volunteer action has created ripples of change in our city. Over the past decade, Mission Edge has been a constant for HOSD, providing the structure, support, and services they’ve needed to succeed. Most importantly, HOSD has expanded its ability to make an impact over the past 10 years, including helping 22 organizations.
The Long-Term Impact of Fiscal Sponsorship
If you're juggling this decision, you may be wondering which decision will be best for your long-term goals. In this article, we’ll unravel the long-term impact of fiscal sponsorship, discuss some pros and cons of fiscal sponsorship, and help you understand what you might be getting yourself into if you choose this route for your charitable mission.
Mission Edge Celebrates the Majdal Center’s Impressive YOY Growth
Our fiscal sponsorship program has allowed the Majdal Center to focus on what it's best at: interacting with and impacting our local San Diego community. Our collaboration with Majdal Center led to significant growth, including the center’s budget has increased nearly 25% year over year since joining! Learn how Fiscal Sponsorship helped them continue to empower the Arab community in San Diego.
Fiscal Sponsorship vs. Nonprofit Formation: A Comprehensive Guide
Fiscal sponsorship is when a nonprofit sponsor invites a charitable project to operate under its tax-exempt status. This arrangement allows the charitable mission to focus on fundraising and impact, while the sponsor handles administrative responsibilities, from finances to HR. Fiscal Sponsorship can be a helpful tool because it offers a streamlined way to access funds and operate efficiently.
Fueling the Future: Indigenized Energy and Mission Edge
The best part about our jobs here at Mission Edge is helping our community's heroes go further, faster. Our collaboration with Indigenized Energy is one of our favorite stories to tell because the organization is creating waves of change for Native tribes across the country. Through fiscal sponsorship, we came alongside them to help them develop new practices and policies.
What is Fiscal Sponsorship? Agreements, Benefits, and Costs
Fiscal sponsorship allows organizations to operate under the umbrella of an established nonprofit, giving them access to charitable funds without the hassle of setting up their nonprofit entity so they can focus on what they do best: bringing their social change projects to life. With Mission Edge, we handle the administrative workload and provide strategic support to help you scale and grow.
Fiscal Sponsorship – Which Model Is Right for You?
When considering Fiscal Sponsorship, both Model A and Model C have a range of benefits that vary depending on your specific situation. There are financial, administrative and cultural advantages to both options. Understanding the diverse ways fiscal sponsorships can affect your organization can help make your decision easier.
Fiscal Sponsorship: Model A vs. Model C
There are two main types of fiscal sponsorship: Model A and Model C. Also known as "direct" or "comprehensive" fiscal sponsorship, Model A is an all-in-one solution; this is a nonprofit in a box. Model C is sometimes called "indirect" fiscal sponsorship or a "pre-approved grant relationship."
How Switchfoot Bro-Am Restructured to Keep Growing
Through our fiscal sponsorship program, we provided the Bro-Am with full-service accounting and human resources services, as well as a proven nonprofit structure to operate within. The partnership allowed the band to focus on focus on planning their art, community impact, signature events and fundraising, leaving nonprofit management and logistics to the experts (us).
A Guide to Fiscal Sponsorship
If you’re a CEO or business leader on a mission to do more than increase your profit margin or enhance your bottom line, you might be wondering if it makes sense to have a fiscal sponsor. But how should you know if fiscal sponsorship is the right move for you? Let's define fiscal sponsorship, explore the different types, and debunk common fiscal sponsorship myths.
What Nine Years of Fiscal Sponsorship Did for This City Heights Nonprofit
Over our nine-year partnership, we’ve been able to empower Mid-City CAN through fiscal sponsorship to focus on its mission and development efforts, including securing federal funding. All of these efforts paid off when they were able to launch their own independent 501(c)(3) organization. Mission Edge helped them hire more people, increase their impact, and support their community.
Fiscal Sponsorship by the Numbers
It’s hard to believe that it’s been more than ten years since Mission Edge started in 2011. We’ve grown a lot since then— we now have over 30 employees and serve over 100 organizations. Learn about how we’ve grown our fiscal sponsorship for nonprofits and small business in 2022 to better serve our clients looking to make an impact!