The Pre-Approved Grant (Model C) fiscal sponsorship is a financial partnership between the fiscal sponsor and the sponsored project. The sponsored project is usually an independent legal entity with its own operating infrastructure. The Pre-Approved Grant sponsorship is utilized when the sponsored project requires a 501(c)(3) nonprofit entity to collect and manage grants and potentially other charitable donations. Under a Model C sponsorship, a funder will award a grant to the fiscal sponsor, and in turn the fiscal sponsor will re-grant funds to the sponsored project.
ESI will consider applications for Pre-Approved Grant sponsorships on a case-by-case basis.
how to apply
In general, ESI provides the following to Model C sponsored projects:
In general, Model C sponsorships terminated upon completion of the grant term.
For Model C projects, fees are assessed monthly as a percentage of the sponsored project’s grant revenue. The base fee is 7.5% of sponsored project grant income, and due to the complexity involved, an additional 5% fee is assessed on revenue from government grants and contracts. Additional fees may be assessed for services outside our normal scope.
We welcome the opportunity to discuss sponsorship with you to better understand the possibility and potential of working together.