The Hack Foundation

The Hack Foundation

8605 Santa Monica Blvd. #86294
West Hollywood, CA, 90069
1-855-625-HACK (toll free)

Hack Club Bank

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
  • Housing
  • International development
  • 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
  • Model C, Preapproved Grant Relationship

Organization description:
Hack Club Bank provides fiscal sponsorship and a full-stack toolkit for organizing anything—from nonprofits to events, made by a team of teenagers at Hack Club. With Hack Club Bank, you can invoice sponsors, issue debit cards, and view transaction history anytime from a web application. We handle all the legal and financial backend paperwork, so you can focus on the organizing. The Hack Foundation, DBA the Hack Club, is a tax-exempt organization.