Benefits to Funders and Donors
Fiscal sponsorship provides a sustainable, cost-effective way to manage social change initiatives of all sizes and stages of development. At Fusion, our Partners receive much more than the benefits of tax exempt status – they are supported by staff and programs that strengthen their work and capacity.
Over the years corporate, foundation and individual donors have partnered with fiscal sponsors to create and fund projects, form collaborative initiatives and develop new grant-making programs.
Funders work with Fusion to achieve many of their own goals. For funders, this partnership offers a low-risk way to support new ideas by providing emerging and innovative projects with a solid infrastructure that includes a high level of regulatory and financial oversight.
Grantmakers should also know that:
Risk is better managed and minimized by Fusion’s experience in nonprofit management and adheres to the best practice guidelines of the National Network of Fiscal Sponsors.
Leaders can stay focused on mission.
A shared platform of services – accounting, payroll, human resources, insurance and compliance is appreciated by startups for the cost savings and infrastructure.
Recently, the Annie E. Casey Foundation partnered with Fusion to pilot a small grants program in East Baltimore. With Fusion’s solid reputation as a connector and as a home for building community leaders, residents are organizing and creating opportunities to try out new projects and strengthen relationships to build capacity for change.