Pre-Approved Grant Fiscal Sponsorship Agreement

Are you a non-profit organization looking for a way to secure funding for your projects? Have you considered applying for grants but are unsure where to start? One option to consider is a pre-approved grant fiscal sponsorship agreement.

A fiscal sponsorship agreement is a relationship between two organizations, where a non-profit organization (the sponsored organization) teams up with a larger, established non-profit organization (the fiscal sponsor) to receive funding for its mission-aligned projects.

With a pre-approved grant fiscal sponsorship agreement, the fiscal sponsor has already obtained pre-approval for specific grants that the sponsored organization can apply for. This means that the sponsored organization does not have to go through the lengthy and often complex process of seeking out and applying for grants.

Instead, the sponsored organization can focus on its mission and projects, while the fiscal sponsor handles the administrative and financial aspects of securing the funding.

There are several benefits to a pre-approved grant fiscal sponsorship agreement:

1. Time-Saving: The time and effort needed to locate and apply for grants can be significant. With a pre-approved grant fiscal sponsorship agreement, the sponsored organization can save time and resources by focusing on its project goals rather than grant research.

2. Increased Chances of Success: Grant applications can be complicated, and there is no guarantee of success. However, with a pre-approved grant fiscal sponsorship agreement, the sponsored organization has a greater chance of receiving funding as the fiscal sponsor has already secured pre-approval for the specific grants.

3. Access to Expertise: Established fiscal sponsors have experienced staff and resources to help with grant applications. Sponsored organizations can benefit from this expertise and knowledge, increasing their chances of securing funding.

4. Cost-Effective: Fiscal sponsorship agreements are generally more cost-effective than starting a new non-profit organization. The sponsored organization can benefit from the fiscal sponsor`s existing infrastructure and resources, allowing it to focus on its projects.

In conclusion, a pre-approved grant fiscal sponsorship agreement can be an excellent option for non-profit organizations seeking funding for their projects. It can save time, increase success rates, provide access to expertise, and be cost-effective. Reach out to established non-profit organizations near you to explore this option further.