Applications for Fiscal Sponsorship
After completing steps 1-4 of The Process, submit a final application in accordance with these deadlines:
Final applications are submitted to our Board of Directors for review. The Board meets six time a year.
Fiscally Sponsored Projects Reporting Deadlines
Semi-annual reports to Community Initiatives
As a fiscal sponsor, Community Initiatives is charged with providing fiscal and programmatic oversight of its projects’ activities and verifying every project’s ongoing nonprofit purpose. One of the ways we do this is through written reports from our fiscally sponsored projects on a semi-annual basis, as specified in our contractual agreement. Our office sends reminders by email before the scheduled deadlines, but it is the responsibility of the projects to submit their reports on time.
These reports are due to Community Initiatives by January 15D and July 15. The end-of-fiscal-year report (June 30) must include a projected budget for the following fiscal year.
Please see our FSP Semi-annual Report and Budget templates for guidance.
Grant Reports to Funders
Foundations, government, corporations, and other funders require project accountability in return for financial support. This is typically achieved through scheduled grant reports, which Community Initiatives submits on behalf of its fiscally sponsored projects. It is the responsibility of every project to provide all budgetary and programmatic information required for these reports. Failure to submit timely funder reports to Community Initiatives can jeopardize other projects’ grants through that funder.