The Foraker Group

The Foraker Group

161 Klevin Street
Anchorage, AK 99505
(907) 743-1203

 

Contact:
Chellie Skoog
Vice President of Programs
Year organization became a 501(c)(3): 2002
Year of first fiscal sponsorship: 2010
Number of sponsored projects: 5

 

Fiscal sponsorship fee:
Based on staff time, administrative costs, and other expenses associated with incubation and capacity building services, groups in our fiscal sponsorship program — called Sultana — will pay an administrative fee, on average between 9% and 15%, depending on the level of services and incubation support requested.

 

Eligibility criteria:
  • Aligned mission values
  • Geographic: Alaska
  • Type of service
  • Has an advisory group
  • Minimum budget
  • No government funding

Types of projects or services we sponsor:

  • Arts and culture
  • Children, youth and families
  • Disaster relief
  • Drug treatment
  • Education
  • Environment/sustainable growth
  • Faith-based/religious
  • Health/nutrition
  • Housing
  • Mental health
  • People or communities of color/minorities
  • Political advocacy/social justice
  • Social services
  • Transportation
  • Veterans
  • Women
Services we offer projects:
  • Bill paying
  • Bookkeeping/accounting
  • Human resource management
  • Legal services
  • Organizational development
  • Payroll
  • Tax reporting
  • Other: While several other Alaska organizations currently offer fiscal sponsorships, none provide incubation and capacity building services. Sultana’s service – along with our nonprofit focus and expertise – create a transformational experience for Alaska organizations, funders and leaders.Sultana allows emerging projects the time to focus on mission rather than on creating a business infrastructure while providing the stability that funders need to make initial investments.

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

  • Model A, Direct Project
  • Model B, Independent Contractor Project
  • Model C, Preapproved Grant Relationship
Organization description:
Sultana offers levels of incubation for groups based on their needs and their budget. The levels have specialty areas that include shared employment, leadership development and organizational development with the option of adding services for an extra fee. All service levels provide the required fundamentals of a fiscal sponsorship (i.e. financial and grants management). As the service level increases, more capacity-building options are made available, including educational classes, HR support and marketing services.