The Hack Foundation

The Hack Foundation

8605 Santa Monica Blvd #86294
West Hollywood, CA, 90069
1-855-625-HACK (toll free)
Website: https://hackclub.com/bank

Contact:
Hack Club Bank
bank@hackclub.com

Year organization became a 501(c)(3): 2017
Year of first fiscal sponsorship: 2019
Number of sponsored projects: 600

Fiscal sponsorship fee:
We charge a 7% fee on all donations, with no startup costs.

Eligibility criteria:
Other: No eligibility criteria. We’re fairly open-ended

Types of projects or services we sponsor:

  • Arts and culture
  • Children, youth and families
  • Disaster relief
  • Drug treatment
  • Economic development
  • Education
  • Environment/sustainable growth
  • Festivals and events
  • Food insecurity/Nutrition
  • Health
  • Homelessness
  • International development
  • LGBTQ
  • Mental health
  • Open space/Parks
  • People or communities of color/minorities
  • Political advocacy/social justice
  • Social services
  • Transportation
  • Veterans
  • Women
  • Youth development

Services we offer projects:

  • Bill paying
  • Bookkeeping/accounting
  • Payroll
  • Tax reporting

Based on Fiscal Sponsorship: 6 Ways to Do It Right: Our model(s) of fiscal sponsorship are:

  • Model A, Direct Project

Organization description:
Our infrastructure is built to support hundreds of missions and causes from any charitable background. When joining Hack Club Bank, nonprofit organizers gain access to a web interface to manage finances, including: fee-free invoicing, ACH or check transfers, reimbursements, a customizable and embeddable donations URL, and a bank account to receive payouts from external platforms. Our full-time operations team handles taxes and paperwork, and each organization is connected with a personal point of contact, guaranteeing responses to all inquiries within 24 hours on weekdays. To apply, submit an application on our website: hackclub.com/bank. You’ll hear back from our team within 24 hours (on weekdays) to schedule a get-to-know-you Zoom call and learn more about managing finances on the platform.