Frequently Asked Questions
Incubation/Fiscal Sponsorship
What is incubation?
What is fiscal sponsorship?
Model A: Direct Project
In a direct project relationship, the fiscally sponsored project and CV are legally considered one and the same. The project is implemented by the Sponsored Project staff and CV. Charitable donations are made to CV for the benefit of the project. CV is responsible for all government filings (e.g. 1040, 990). A fiscally sponsored project that has, or intends to have paid employees (as separate from independent contractors) must be a Model A project.
Model C: Preapproved Grant or Re-Grant
CV re-grants funds received from a donor to specified project that is charitable and carries out the sponsor’s tax-exempt purposes. The project does not become a program belonging to CV. Under a Model C agreement, CV has authority over the financial administration of an established restricted fund, and makes grants from the fund to support the project at its discretion. A Model C project has its own legal, tax and accounting identify. It could belong to an individual, nonprofit organization other than a 501(c)(3), a partnership or business corporation.
What services do you offer to incubated projects?
Does CV sponsor projects outside of Southern California?
Is there a minimum deposit required to open my project account?
What are the fiscal sponsorship fees?
How does Charitable Ventures handle our funds?
Can I apply for sponsorship if I already have my own 501(c)(3)?
How do I apply for sponsorship?
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.
Incubation/Fiscal Sponsorship
What is incubation?
What is fiscal sponsorship?
Model A: Direct Project
In a direct project relationship, the fiscally sponsored project and CV are legally considered one and the same. The project is implemented by the Sponsored Project staff and CV. Charitable donations are made to CV for the benefit of the project. CV is responsible for all government filings (e.g. 1040, 990). A fiscally sponsored project that has, or intends to have paid employees (as separate from independent contractors) must be a Model A project.
Model C: Preapproved Grant or Re-Grant
CV re-grants funds received from a donor to specified project that is charitable and carries out the sponsor’s tax-exempt purposes. The project does not become a program belonging to CV. Under a Model C agreement, CV has authority over the financial administration of an established restricted fund, and makes grants from the fund to support the project at its discretion. A Model C project has its own legal, tax and accounting identify. It could belong to an individual, nonprofit organization other than a 501(c)(3), a partnership or business corporation.
What services do you offer to incubated projects?
Does CV sponsor projects outside of Southern California?
Is there a minimum deposit required to open my project account?
What are the fiscal sponsorship fees?
How does Charitable Ventures handle our funds?
Can I apply for sponsorship if I already have my own 501(c)(3)?
How do I apply for sponsorship?
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.
Social Impact Consulting
What is Social Impact Consulting?
What type of Social Impact Consulting does Charitable Ventures offer?
How is Charitable Ventures different from other consulting agencies?
Can you provide services in languages other than English?
Who does Charitable Ventures provide consulting services for?
What are the fees for Social Impact Consulting?
Social Impact Consulting
What is Social Impact Consulting?
What type of Social Impact Consulting does Charitable Ventures offer?
How is Charitable Ventures different from other consulting agencies?
Can you provide services in languages other than English?
Who does Charitable Ventures provide consulting services for?
What are the fees for Social Impact Consulting?
Collective Impact
What is Collective Impact?
What types of regional collaborative and initiatives do you support?
How can I partner with Charitable Ventures?
Collective Impact
What is Collective Impact?
What types of regional collaborative and initiatives do you support?
How can I partner with Charitable Ventures?
Grantmaking
What grantmaking services does Charitable Ventures provide?
- Small Donor Advised Funds
- Grants Management for nonprofits and sponsored projects
- Relief Fund Administration
Grantmaking
What grantmaking services does Charitable Ventures provide?
- Small Donor Advised Funds
- Grants Management for nonprofits and sponsored projects
- Relief Fund Administration