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!