Strategies for a Stronger Sanford is a Fiscal Sponsor
We support, champion, and provide services to unincorporated nonprofit projects in Southern Maine that benefit the community. Fiscal sponsorship allows our projects to concentrate on their charitable purposes while we handle “back-office” services and provide a secure, reliable mechanism for donors.
Strategies for a Stronger Sanford enables individuals and groups, working together, to create and invest in projects that benefit the public. We do this by providing fiscal sponsorship and financial, human resources, and grants management services.
What is Fiscal Sponsorship?
Fiscal sponsorship is an activity by which a public charity, tax-exempt under Section 501(c)(3) of the Internal Revenue Code, provides financial and programmatic oversight of unincorporated nonprofit projects that allows those fiscally sponsored projects to receive grants and tax-exempt donations from government, foundations, and individuals. Most fiscal sponsors provide a suite of supportive services. Ours include financial, human resources, grants management, and insurance
Strategies for a Stronger Sanford is an independently incorporated 501(c)(3) fiscal sponsor. We provide a vehicle for emerging ideas, public-private partnerships, funder collaboratives, and temporary or limited-duration activities that benefit the community. Locating with a fiscal sponsor such as Strategies for a Stronger Sanford frees projects to pursue what they do best: identify and creatively address important needs in their communities.
Strategies for a Stronger Sanford believes in the power of community groups to develop fresh, exciting ideas that are of real-time public benefit, and our services can support these efforts in crucial ways. Among other advantages, our services:
- Permit new efforts to explore viability without needing to invest in infrastructure from the start
- Help funders pool resources for collaborative grant-making
- Allow limited-duration efforts to succeed without establishing and then dismantling administrative capacity