Why We Do Fiscal Sponsorship

Community Shares Fiscal Sponsorship program is another way in which Community Shares act as an incubator of radical work happening in the region. With all Community Shares sponsored projects working toward a more just and caring community, this program is yet another way in which Community Shares has expanded its committment to our mission.

Fiscal Sponsorship Services

Community Shares practices a model A fiscal sponsorship primarily. For a model C applicaiton, please email us directly.

Financial management services:
payroll and benefits administration
employee relations assistance
liability and other insurance
inclusion in the annual audit
Software resource sharing where applicable
and other technical assistance in the same way as other programs within a nonprofit organization

Fiscal Sponsorship Application

Criteria for Fiscal Sponsored Projects

Be an entity/project whose primary purpose is to advocate for progressive change.
Be a Tennessee based organization.
Have a governing body such as an advisory committee or Board.
Conduct all activities that meet the charitable criteria of a 501(c)(3) organization.
Be subject to agreement approved by the board.

Frequently Asked Questions

What is the difference between Model A and Model C?
- In Model A (Direct Project), the project becomes an internal program of the sponsor with no legal separation.
- In Model C (Preapproved Grant), the project remains a separate legal entity or independent group, and the sponsor acts as a grantor funding approved activities.
How much does fiscal sponsorship cost? 7% of all donations and grants raised by the project. Subject to change depending on the level of support provided. Subject to change.
Can we transition to our own 501(c)(3) later? Community Shares does not require its sponsored projects to obtain a 501c3, however, at any time a project can obtain their 501c3 and dissolve the sponsorship.