Fiscal Sponsorship FAQ
-
Fiscal sponsorship is a formal arrangement in which a nonprofit organization extends its legal and tax-exempt status to another organization that aligns with its mission. This allows organizations that are not tax-exempt themselves to receive charitable grants and tax-deductible donations through the sponsor, while focusing on their programmatic work.
-
We provide Model C fiscal sponsorship, also known as the “pre-approved grantor-grantee relationship.” In this model, Inspire Access serves as an intermediary to receive tax-deductible donations and grants on behalf of the sponsee (the company or fund), and then disburses those funds as grants to support their approved charitable programming.
-
If your company or fund has been approved by Inspire Access for partnership, we will enter into a fiscal sponsorship agreement outlining the specific programming the funding will support. Once the agreement is in place, Inspire Access receives grants on behalf of the sponsee and disburses funds directly to them, minus our fiscal sponsorship fee.
-
We charge a 4% one-time fee on all grants received on behalf of our sponsees.
-
We offer a quick turnaround. Within a few days (one week at most) after receiving your completed form and conducting a review meeting, we will be able to determine whether we can move forward. If approved, we can execute the agreement and are ready to process funds as soon as they are received.
-
While we’re not able to make direct introductions for every founder we work with, we are happy to follow up with foundations we are in contact with - particularly if you are already in conversation with them or actively pursuing an opportunity.
-
Yes. We are committed to supporting founders throughout the funding process. We are available to attend meetings and help secure grants from foundations or partner organizations, and we also assist with grant execution where applicable.