Making the Most of Fiscal Sponsorship: A Course for Model A Sponsored Projects
A course specifically for Model A fiscally sponsored projects
Model A fiscal sponsorship can be a wonderful tool. You can get a lot of the benefits of a 501(c)(3) nonprofit without going through the rigmarole of applying to the IRS and then needing to run a complicated small business.
But, being under fiscal sponsorship is different from being a standalone nonprofit organization, often in significant ways:
- You have to develop a relationship with your sponsor and build mutual trust,
- You need to understand where your sponsor’s boundaries are…and consider your options if things go off the rails,
- You need to have a sixth sense when something happens you didn’t expect…know what to do with the nagging feeling of “is this how it’s supposed to be?”
No one tells you any of that when you get started…you have to figure it out on your own, as you go.
But what if you could get a handle on the dynamics at play, better understand how roles and responsibilities are split, and have a better sense of what “industry standards” are? What if you could determine, once and for all, whether your project should stay under fiscal sponsorship or separate and go out on its own?
What if there was a way to learn the ins and outs of fiscal sponsorship designed specifically for sponsored projects?
Well, now there is.
We call it “Making the Most of Fiscal Sponsorship,” an email course that distills the Model A experience into a dozen lessons that show up one at a time in your inbox. Split into three modules, each lesson provides valuable, actionable material that you can’t find anywhere else – unless you hire our firm.
Module 1 focuses on strengthening your sponsor relationship, fundraising, governance and operations. Module 2 will help your team assess if and when spinning out to your own 501(c)(3) is the right decision for your project. If spinning out is in your future, Module 3 will help you better understand what’s involved in the process and begin preparing for the eventual separation.
In addition, each lesson concludes with a valuable workbook to help you and your team make the most of the material and integrate it in your day-to-day activities. (You review a full lesson and all of the supplemental materials here.)
Q: Who is this course for?
A: Model A Fiscally Sponsored Project Leaders, Staff, and Stakeholders who want to better understand 1) how to make the most of their project’s time under fiscal sponsorship, 2) whether or not they should consider going out on their own at some point, and 3) if applicable, the steps they could take to prepare their project for that transition whenever it may take place.
Q: What does this cost?
A: This course’s current price is $495.
Q: How can I purchase the course now?
A: You can purchase the course now – just click here and complete the checkout process.
Q: What’s included in the course?
A: Every month, you’ll receive an email with the full text of that month’s lesson, along with links to a video recap and that month’s workbook. There are currently 12 lessons, but additional content may be added as time goes on. By purchasing now, you’ll have lifetime access to all future updates to the course materials.
Our current lesson plan includes:
- Module 1- Strengthening Your Operations Under Fiscal Sponsorship
- Lesson 1: Project-Sponsor Communications
- Lesson 2: Fundraising Fundamentals for Sponsored Projects
- Lesson 3: Building Effective Governance Under Sponsorship
- Lesson 4: Financial Management and Budgeting
- Lesson 5: HR and Recruiting
- Module 2 – Assessing If and When Separation Is Right
- Lesson 6: The Case for Staying Sponsored
- Lesson 7: Understanding the True Costs of Independence
- Lesson 8: Rationales for Spinning Out
- Lesson 9: Signs You May Be Ready to Spin Out and Decision-Making Frameworks
- Module 3 – Preparing for a Potential Spinout If That’s Right For Your Project
- Lesson 10: Transition Planning and the Phases of Spinning Out
- Lesson 11: Legal and Structural Requirements
- Lesson 12: Financial Preparation and Sustainability
Q: Can I view a sample lesson?
- Module 1- Strengthening Your Operations Under Fiscal Sponsorship
- Lesson 1: Project-Sponsor Communications
- Lesson 2: Fundraising Fundamentals for Sponsored Projects
- Lesson 3: Building Effective Governance Under Sponsorship
- Lesson 4: Financial Management and Budgeting
- Lesson 5: HR and Recruiting
- Module 2 – Assessing If and When Separation Is Right
- Lesson 6: The Case for Staying Sponsored
- Lesson 7: Understanding the True Costs of Independence
- Lesson 8: Rationales for Spinning Out
- Lesson 9: Signs You May Be Ready to Spin Out and Decision-Making Frameworks
- Module 3 – Preparing for a Potential Spinout If That’s Right For Your Project
- Lesson 10: Transition Planning and the Phases of Spinning Out
- Lesson 11: Legal and Structural Requirements
- Lesson 12: Financial Preparation and Sustainability
Q: Can I view a sample lesson?
A: Yes! You can sample the entirety of Lesson #6 before you buy. Click here to read the full text of the lesson, watch the accompanying video recap, and view a copy of the Lesson 6 workbook.
Ready to purchase? Click the button below and complete the checkout process to sign up today!
Q: I’m not ready to buy yet. Cna I register to receive more information?
A: Of course. Just fill out the form below.
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This course is provided by Schulman Consulting for informational and educational purposes only. No legal, tax or financial advice is being provided.