Fiscal Sponsorship

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As a fiscal sponsor, Forefront provides administrative services, technical assistance, fiduciary oversight, and human resources for individuals and nonprofits engaged in charitable work. Fiscal sponsorship is a safe and supportive home for individuals, nonprofits, and others that are hoping to meet their mission regardless of their IRS standing, longevity, and administrative & structural efficacy.

By providing these invaluable tools and services, Forefront has worked together with numerous organizations and individuals who need help to meet their mission and enrich the people and communities in Illinois.

Fiscal sponsorship with Forefront includes:

Reviewing grant requests submitted for funding under Forefront’s name;
Receiving contributions for the Project/Initiative;;
Submitting payment of invoices for goods and services rendered to execute the Project/Initiative;
Review and receive copies of completed reports in support of the Project/Initiative, as requested;
Providing periodic financial reports/activity review of financial activity throughout and at the conclusion of the Project/Initiative, or as requested;
Entering into contracts on behalf of the Project/Initiative;
Hiring employees or independent contractors, in support of the Project/Initiative;
Providing certain administrative and operational assistance, and;
Becoming a Forefront Member with access to all member benefits, including access to programs, advocacy, resources, collaboration and tools.

Forefront employs four Fiscal Sponsorship models:

This service is provided to an individual or group that is not part of a separate legal business entity. This model is often best suited for projects in an “incubator” stage, as The Partner grows funding, programming and recognition of the program.

In this model, The Partner is a separate, legal entity. Forefront will confer its 501(c)(3) tax-exempt status to and the Partner’s contributions will be directed to and are restricted by Forefront to support activities of the Partner’s project/initiative.

The Partner is a separate, legal, non-profit entity. The Partner maintains ownership of The Program, and Forefront provides a legal framework for the fiscally sponsored projects/initiatives. The Partner, after identifying potential grant funding opportunities, will submit and go through a formal grant request process, in partnership with Forefront. Once approved, funds and/or charitable contributions will funnel through Forefront with reporting administrated through the Partner, with approval from Forefront.

Forefront leverages the support of Converge Consulting to provide the Partner with financial management such as bookkeeping, tax returns, and other administrative tasks, that may be beyond the Partner’s internal capacity or skillset. The Partner maintains ownership of the Project/Initiative and all funds are raised in The Partner’s name.

For more information on Converge Consulting please visit the Converge website.

Learn more about Forefront’s Fiscal Sponsorship by viewing our Fiscal Sponsorship FAQ.

To schedule a initial phone call with Forefront to determine fit and alignment with Forefront’s mission, please fill out the form below.

Fiscal Sponsor Inquiry Form

Name of Organization*
Your Name*
First Last
Email*
Phone*
Why does fiscal sponsorship make sense for your organization?*
- •How can Forefront help?
- •What are your expectations, what services do you need?
- •Is your organization planning to use fiscal sponsorship to outsource administrative responsibilities, whether back-office tasks, or those relating to fundraising and disbursement of funds?
Is your concept for a nonprofit new? Are you seeking to test an idea to determine whether it is viable or if there is interest from the public to fund your organization?*
Do you plan to remain in a fiscal sponsorship relationship or do you hope to have this serve as an incubator to launch your own 501c3 entity?*
Please provide an organizational abstract that outlines:*
- •Location where services will be performed
- •The mission of your organization
- • A detailed description of current (and/or past) initiatives and projects
- • The principals involved (management and/or “sponsoring” or participating organizations)
- • The current organizational structure
- • Current employees or future employees anticipated
What is your annual revenue budget?*
Budget*
Max. file size: 30 MB.
Please upload a file with details of your organization's annual budget.
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