Public Interest Projects offers fiscal sponsorship services to affinity groups and projects that do not have 501(c)(3) tax-exempt status. Fiscal sponsorship broadens the funding avenues that an organization or project can pursue, since 501(c)(3) nonprofit status is required for funding by most foundations, corporations and government agencies.
Fiscal sponsorships are structured differently to accommodate organizational or individual needs. In all cases, Public Interest Projects acts as an umbrella organization to accept and administer funds on behalf of an organization or project. Public Interest Projects bears fiduciary responsibility for the funds received, insuring they are used for charitable purposes and that all donor-reporting requirements are met.
Only projects that are closely aligned with Public Interest Projects’ mission and existing projects are considered for fiscal sponsorship. To be eligible, supported projects or groups must further a legitimate tax-exempt purpose, demonstrate a likelihood of project completion, and meet other budget and review criteria.
For more information, read Public Interest Projects’ Fiscal Sponsorship Application and Guidelines.
You may also contact:
Maritza Guzman, Director
Julie Callahan, Program Assistant