FAQ

Frequently asked questions regarding Forefront’s Fiscal Sponsorship. For more information please contact fiscalsponsorship@myforefront.org.

Who needs a Fiscal Sponsorship?

Organizations or projects that can deliver programs effectively, but don’t have adequate support staff.
Projects that are short term, or temporary, that wish to avoid the time and expense of applying for a 501(c)(3).
Pilot projects, that haven’t demonstrated long term viability.
Organizations that are awaiting, but have not received 501(c)3 status.
Social Enterprises & Creative Community Projects which would like to apply for grants requiring 501(c)(3) status.

How long does a fiscal sponsorship agreement last?

The duration of the fiscal sponsorship agreement is typically 6 months to 1 year. However, the length of the agreement may vary depending upon the type project/initiative.

What fees are associated with fiscal sponsorship?

Fees for the program vary and depend on the Model chosen and services provided by Forefront. Typically, standard Fiscal Sponsorship Fees range from 5% to 15% of all contributions received. Additionally, direct program expenses are charged as incurred.

Can I apply for a fiscal sponsorship if I have a LLC or other for-profit entity?

Forefront will consider applications from LLCs or other for-profit entities.

To be eligible, the applicant must:

Clearly demonstrate that the grant will be used exclusively for a charitable purpose as defined by the Internal Revenue Service.
The program’s purpose must align with the mission of the Forefront.
The program must be a good fit.
The program must be based in the state of Illinois.

What locations does the Forefront Fiscal Sponsorship cover?

Forefront works with programs within the state of Illinois. It is required that your project be headquartered in AND 51% of your project operations occur within the state of Illinois.

What can my organization expect from it’s relationship with Forefront’s Fiscal Sponsorship?

Provide fiduciary, legal, compliance, and ethical accountability as the legal entity.
Retain control and discretion of the use of funds, maintaining records demonstrating that funds were used for 501(c)(3) exempt purposes.
Establishing and maintaining processes that promote reciprocal and responsive communication between Forefront and the sponsored organization. Active communication between Forefront and the sponsored organization is critical to ensuring that the partnership is equitable, mutually beneficial, in compliance, able to collaboratively address challenges.
Work in collaboration with Forefront to deliver shared administrative financial management, human resources management, compliance and risk management services.
Forefront Membership.
Office space.

If you would like to apply for a Forefront Fiscal Sponsorship, please fill out the following form.

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 does you hope to have this serve as an incubator to launch your own 501c3 entity?*
Please provide an organizational abstract that outlines:*
- •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?*
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FAQ