Global Impact
1199 North Fairfax St., Suite 300
Alexandria, VA 22314
(800) 836-4620
Website: https://charity.org/fiscal-sponsorship
Contact:
fiscalservices@charity.org
Apply for fiscal sponsorship
Year organization became a 501(c)(3): 1956
Year of first fiscal sponsorship: 2011
Number of sponsored projects: 80
Fiscal sponsorship fee:
Set monthly retainer: Based on minimum anticipated client revenue, complexity of work and fiscal sponsor model, with tiered cost of funds in excess of minimum anticipated client revenue. Cost of funds (with no monthly retainer): Up to $2 million 6%, $2 million-$9,999,999, 2%, over $10 million, 1%. Fee additions: HR services, IT services, state registration and compliance services
Eligibility criteria:
- Minimum budget: $300,000/year minimum revenue threshold (minimum is based on funds in hand vs projections)
- Other: Global Impact’s mission is growing global philanthropy. We partner with and support projects that raise funds and/or carry out programs to improve the quality of life and well-being for the world’s most vulnerable people. We are happy to support projects whose work fits within that broad mandate.
Types of projects or services we sponsor:
- Arts and culture
- Children, youth and families
- Disaster relief
- Economic development
- Education
- Environment/sustainable growth
- Health/nutrition
- International development
- Mental health
- People or communities of color/minorities
- Social services
- Transportation
- Women
- Youth development
- Other: Our services are especially relevant for non-U.S.-based charities looking to receive tax-deductible donations from U.S. donors (individuals, foundations and corporates). As a global charity, we are capable of receiving funds in 120 currencies, issuing tax receipts from multiple countries, and distributing funds in local currency worldwide.
Services we offer projects:
- Inclusion in Global Impact’s annual audit and 990
- Accounts payable and receivable
- Grant tracking and reporting
- Financial management
- Preparation and presentation of financial reports
- Maintaining banking and other financial systems
- Overseeing credit card access and usagei
- Human resource management
- Organizational development
- Payroll
- Receiving property and stock donations
- Other: Global Impact’s Advisory Services can augment fiscal sponsorship with fundraising, marketing and communications support so clients can fully utilize their U.S. status to raise awareness for their cause and funds from U.S. donors and other concerned donors around the world.
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:
Global Impact serves as a trusted philanthropy advisor, intermediary and nonprofit partner for greater giving. We offer advisory and infrastructure services that drive strategic philanthropy for our nonprofit, public and private sector clients. With close to 70 years of experience, we have raised nearly $2.5 billion with our partners for global causes. Global Impact is part of Global Impact Ventures, a family of mission-driven organizations that serve all of philanthropy for a better world.