The Hack Foundation

The Hack Foundation

8605 Santa Monica Blvd #86294
West Hollywood, CA, 90069
(844) 237-2290
Website: hackclub.com/fiscal-sponsorship

Contact:
HCB
hcb@hackclub.com

Year organization became a 501(c)(3): 2017
Year of first fiscal sponsorship: 2019
Number of sponsored projects: 1500

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:

  • Children, youth and families
  • Education
  • Youth development

Services we offer projects:

  • Bill paying
  • Bookkeeping/accounting
  • 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 by teenagers for teenagers. When joining HCB, 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 24-hour turnaround response times, on weekdays, for all inquiries. To apply, submit an application on our website: hackclub.com/hcb. You’ll hear back from our team within one weekday to schedule a get-to-know-you Zoom call and learn more about managing your organization’s finances on the platform.