FAQS

Do you have questions about our fiscal sponsorship, incubation, or capacity building services? We are here to help with common FAQs. If you cannot find the answer you are looking for, please contact Charitable Ventures today.

To view common FAQs, please scroll down.

Frequently Asked Questions About Fiscal Sponsorship

Fiscal sponsorship is a broad alternative to starting and running a nonprofit organization. Sponsored projects operate under our status as a tax-exempt 501(c)(3) nonprofit organization. They can receive foundation grants and other charitable donations.

Why is this a good idea? Fiscal sponsorship can help:

  • Foster innovative ideas and test new models of intervention
  • Facilitate the movement of money from funders to projects
  • Reduce funding necessary for administration and infrastructure investment
  • Provide smaller initiatives cost efficiencies with consolidated back office support and group benefits

The result is a platform that strengthens collaboration, decreases costs, and brings new ideas into the community.

Many of our projects are based in Southern California. We can sponsor projects with national reach. We do not sponsor international projects.

New projects are expected to contribute a minimum of $25,000 to open an account, either in hand or committed. This level of minimal funding ensures that operations can begin immediately, and that the project is already engaged in resource development, which is critical to success.

Charitable Ventures charges a percentage fee on revenue deposited into your account. Average fees range from 9% to 12% depending on source and amount of funding. Projects raising more than $1M annually receive discounted fees. Please inquire about our fee schedule.

While some incubators focus on a particular issue, Charitable Ventures inclusively engages with projects and initiatives that strengthen our communities and promote social change across many issues. Our projects span many categories including social justice, civic engagement, education, health, arts and culture, reentry, restorative justice, parks and gardens, and many more. We also support philanthropic efforts through pooled funds and donor advised funds, and direct regranting.

Charitable Ventures establishes a DBA (i.e., doing business as; aka a fictitious business name or a FBN) and a separate bank account for each project sponsored to both support project brand awareness and to protect and segregate project assets.

Our application process can help you get ready! We ask interested projects to fill out a simple application that helps us (and you) better understand your vision, your business plan, and the supports you may need. We also request some attachments that can be uploaded into our system, including budgets, letters of reference, fundraising plan, and name of committee members if present. For projects who have incorporated in the State of California, but not yet received their federal tax status, we ask for a copy of that paperwork.

If you have a hard time filling out this application, you may not be ready for sponsorship.

In some rare instances, we may be able to sponsor a project that has previously operated under its own 501(c)(3), but now needs additional support. It is important to note that a nonprofit cannot operate simultaneously under two separate tax IDs, as there are legal complexities to manage. Please inquire further about this process.

Frequently Asked Questions About Incubation

When a project begins to move toward a successful launch of independent operations, you can feel it. There is nothing more exciting than seeing an “idea” become a viable and sustainable effort on behalf of the community. More than just sponsorship, projects need coaching and technical assistance to build the infrastructure that will ensure their business success. Incubation is about systems development, financial planning, organizational design, and long-term sustainability. Charitable Ventures staff works side-by-side with our project leaders to make sure they have the resources and education to succeed once they leave our platform.

Charitable Ventures offers sponsored projects one-on-one technical assistance with business, development, and management needs, including professional leadership coaching. Projects also have access to monthly workshops on critical topics such as building a board, fundraising, evaluation, managing volunteers, cash flow management, and many others.

There is no additional fee for our incubation services; these services are inclusive inside the fiscal fee charged to projects.

Each project is assigned a Relationship Manager as a point person to help navigate all the back office and incubation services available.

Yes, your Relationship Manager can support your grant strategy and help identify foundations that might support your mission. Grant writing services are, however, available as part of our capacity building fee-for-services.  All grants must be submitted through Charitable Ventures.

Yes, your Relationship Manager can support your event planning and help identify resources to support your fundraiser.  Charitable Ventures also has financial platforms that can support online registration and donations and will provide tax deductible receipts for your donors.

Frequently Asked Questions About Capacity Building

At Charitable Ventures, we consider capacity building to be the strengthening of core business and programmatic functions of a nonprofit through the provision of expert services. Our team of professionals is well-equipped to provide these capacity building supports to our projects and clients.

Currently capacity building services include: Evaluation, Planning and Assessment, Grant Writing, Fund Development Support, Marketing and Communication, and Philanthropic Services. For a more robust discussion of these services, click here.

Our fees range depending on the services being provided.  Typically, our hourly rate for consulting services is $150/hour.  When nonprofits engage Charitable Ventures for monthly retainer work or for a multi-month project, these services can be received at a discount.  All contracts are at-will.

More than 400 nonprofits have benefited from our capacity building services. These organizations range in size from $250,000 to $40,000,000, all with varying development needs. Charitable Ventures has a robust team of experienced, skilled nonprofit professionals that can manage clients with diverse needs and provide exceptional results.

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