Some great Jewish ideas don’t need or want to become a new nonprofit organization to be successful. Not every educational or engagement project is ready to go “all in” building the infrastructure required to be a nonprofit registered with the IRS right from its start. That’s where IEJI’s Fiscal Sponsorship Program helps to fill the gap for projects and programs that might need a different type of support as they fulfill their charitable purpose.
Fiscal sponsorship is a formal arrangement where an established 501(c)(3) nonprofit organization (the fiscal sponsor) accepts and manages funds on behalf of projects that lack tax- exempt status. This allows your project to receive tax-deductible donations and apply for grants while you focus on your mission.
A wide-range of projects might consider fiscal sponsorship, especially early in their development. Projects that do not want the compliance and administration associated with donations, organizations waiting for 501(c)(3) approval, projects with a limited timeline, projects testing a new idea, and collaborations that want a neutral third-party administrator are all examples of projects that might enter into fiscal sponsorship.
IEJI’s mission is to support projects developing substantive, innovative Jewish engagement or educational initiatives. Projects can be unincorporated or incorporated initiatives or individuals with an initiative. Incorporation is often beneficial, but not necessary. Regardless of structure you must have a clear project plan and charitable purpose that aligns with IEJI’s mission.
IEJI’s Basic Fiscal Sponsorship is called “Model C” by the field. Your project operates as an independent entity but receives administrative and financial services through IEJI.
IEJI charges an administrative fee of 5% of funds processed to defray the costs of its services. This covers financial management, compliance, and administrative support. Additional fees may apply for specific services.
Yes, there may be additional reporting requirements.
Funds raised for your project belong to the fiscal sponsor legally, and are designated for the purpose of your project.
You’ll need to provide regular reports, maintain financial documentation, and follow the terms of your sponsorship agreement. You’re also responsible for program implementation and outcomes. IEJI is responsible to the government for the management of donations; that means ensuring that projects are in compliance with charitable requirements. IEJI’s reporting requirements are designed to make this oversight as straightforward and simple as possible for the projects it supports.
Contact us to discuss your project’s needs, learn about our application process and policies, and have a conversation to determine if we’re a good mutual fit. IEJI is here to help you advance your mission while maintaining the flexibility and focus your project needs to succeed.
Contact Us
info@emergingjewish.org | (301) 660-5222