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May 21, 2021 | Insights

6 Ways to Reimagine Fiscal Sponsorship in Service of Equity

Fiscal sponsorship is a way to provide critical financial management, human resources, and legal supports to groups who do not have that capacity in-house. These are areas that many BIPOC-led coalitions, movements, organizations, and groups struggle to build due to systemic racism. How can fiscal sponsors provide services equitably and in culturally-aligned ways to the groups that need them the most?

TSNE, in partnership with the NYU Metro Center, studied the emerging practices of fiscal sponsors around the country to present six ways to reimagine fiscal sponsorship as a means to provide the critical foundational supports that grassroots groups need.

How to center equity in fiscal sponsorship

We’ve created an infographic to explore the 6 following methods:

1. Provide integrated and culturally aligned services

1. Provide integrated and culturally aligned services

2. Build an organizational culture that centers relationship building and mutual learning

2. Build an organizational culture that centers relationship building and mutual learning

3. Use cross-functional service delivery models

3. Use cross-functional service delivery models

4. Develop and leverage external partnerships

4. Develop and leverage external partnerships

5. Experiment with revenue models that allow for integrated fiscal sponsorship and capacity building services

5. Experiment with revenue models that allow for integrated fiscal sponsorship and capacity building services

6. Use flexible criteria, multiple layers of assessment, and regular check-ins with organizations to determine and mitigate risk

6. Use flexible criteria, multiple layers of assessment, and regular check-ins with organizations to determine and mitigate risk

Learn more about these practices in-depth. Download the complete infographic

 

Learn More about reimagining fiscal sponsorship