Economic Empowerment Foundation for Exempt Startups & Small Businesses (EEF-501c)™
6710 Laurel-Bowie Rd.
P.O. Box 609
Bowie, MD 20718
Website: https://FoundationFiscalSponsorships.com
Contact:
Visit our website for detailed information on our portfolio of sponsorship categories, program description and specific guidance on the application process.
Year organization became a 501(c)(3): 2015
Year of first fiscal sponsorship: 2014
Number of sponsored projects: 41
Fiscal sponsorship administrative charge:
All fiscal sponsorship programs are category-based with modest application and registration fees to offset cost. Services, delivered internally or with Pollination Partners, are free when feasible but otherwise well below market.
Eligibility criteria:
- Geographic: Must be legally registered as a Non-Stock Business Entity from one of the 50 U.S. states, D.C., P.R. or any U.S. territory. We are not chartered for international business, consulting or financial engagements.
- Other: Fiscal sponsorships are awarded based on The Foundation’s capacity to meet the applicant’s operational needs as stated in application questionnaire. See website for application process. Effective January 2025, all EEF501cBizInc Sponsorships have reopened across all available categories.
Types of projects or services we sponsor:
- Arts and culture
- Children, youth and families
- Disaster relief
- Drug treatment
- Economic development
- Education
- Environment/sustainable growth
- Faith-based/religious
- 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
- Other: We service programs, organizations, startups, and for-profits with product development initiatives or considering conversion to a 501c, but all applicants must qualify as IRS tax-exempt.
Services we offer projects:
- Auditing
- Bill paying
- Bookkeeping/accounting
- Computer IT
- Human resource management
- Office space, pending
- Organizational development
- Receiving property and stock donations
- Other: Lending services, pending completion of our Nat’l FCUs charter
Based on Fiscal Sponsorship: 6 Ways to Do It Right: Our model(s) of fiscal sponsorship are:
Models
- Model C, Preapproved Grant Relationship
- Model F, Technical Assistance
- Model L, Single Member LLC
Details: Model C and L: Our parent 501c Business Incubator Council provides proposal review and analysis services. We have a pool of grant professionals available for writing/development until our Fellowship Academy’s Grant Writer/Development Services Fellowship program resumes. We have begun recruitments for two chief development officers and a chief scholar in residence who will co-administer our Fellowship Program operations.
Model F and L: Our programs are customized based on the needs listed in the fiscal sponsorship application, then articulated in the awardee’s program’s registration. Service/support delivery is administered by our parent Incubator Council members who, if needed, may engage the assistance of Pollination Partners – individuals registered to serve through our 501c Small Business Collaborative.
Organizational description
EEF-501c is a national economic development charity helping 501c startups and small business concerns. It leads a group of sibling foundations that manage the network of small and economic development charities established by/with its parent, the 501c Business Incubator Council. 501cBizInc has been sharing its own internal solutions, resources and connections to facilitate its volunteerism. To meet demand, both EEF501c & 501cBizInc have been converting those resources into sibling charities that deliver business assets denied to exempt startups and small businesses elsewhere.