Fiscal Sponsorship, Small Business, Nonprofit Westerly Creative Studio Fiscal Sponsorship, Small Business, Nonprofit Westerly Creative Studio

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.

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Fiscal Sponsorship, Small Business, Nonprofit Westerly Creative Studio Fiscal Sponsorship, Small Business, Nonprofit Westerly Creative Studio

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.

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Fiscal Sponsorship, Small Business, Nonprofit Westerly Creative Studio Fiscal Sponsorship, Small Business, Nonprofit Westerly Creative Studio

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."

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Small Business, Fiscal Sponsorship Westerly Creative Studio Small Business, Fiscal Sponsorship Westerly Creative Studio

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).

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Fiscal Sponsorship, Nonprofit Westerly Creative Studio Fiscal Sponsorship, Nonprofit Westerly Creative Studio

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.

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Fiscal Sponsorship, Nonprofit Westerly Creative Studio Fiscal Sponsorship, Nonprofit Westerly Creative Studio

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.

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Fiscal Sponsorship, Small Business, Nonprofit Westerly Creative Studio Fiscal Sponsorship, Small Business, Nonprofit Westerly Creative Studio

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!

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