As part of The Praxis Project’s suite of services to build power in communities to achieve health justice, we offer comprehensive fiscal sponsorship services. Praxis generally sponsors brand-new ventures that need time- limited incubation as well as more established grassroots projects that prefer to keep focused on programmatic work. Via Praxis fiscal sponsorship, projects receive operational and organizational development support as well as access to the Praxis network, and donors and funders can support exciting new ventures with charitable contributions and grants.
Fiscal sponsorship is well-suited to responding to emerging critical issues and to time-limited projects, though all Praxis fiscal sponsorship takes the form of sustained relationships that advance both the project’s and Praxis’ mission. For example, we do not offer one-time fiscal sponsorship arrangements to facilitate a single grant.
Praxis is currently accepting fiscal sponsorship inquiries. If you believe your work may be a good fit for fiscal sponsorship and for us, please carefully consider the basic qualifications below before completing the inquiry form to request an introductory conversation about your project. We look forward to hearing from you.
1. Your work is charitable in nature and furthers Praxis’ mission to build healthy communities. Clear mission alignment with Praxis and a strategy that addresses at least one social determinant of health are requirements for consideration.
2. You have a realistic plan to execute your project’s activities.
3. You have a staffing plan that includes adequate human resources to dedicate to your project and to managing a hands-on, mutually-supportive and responsive relationship with Praxis.
4. You have a one-year budget prepared for your project and some funding already available or committed by donors. Praxis does not currently have set minimums for first-year budget size or available funding, but we cannot initiate a fiscal sponsorship relationship without financial resources to support the sponsored project.
5. You have at least an introductory understanding of basic financial management concepts and are committed to ensuring the solvency and financial sustainability of your project in partnership with Praxis.
6. You understand that Praxis will take a mutually agreed-upon administrative fee from grants and contributions to offset its fiscal sponsorship costs. Fee levels vary based on the nature and complexity of your work and the level of service and support provided by Praxis, and are reassessed on a regular basis given that these factors tend to change over time. Administrative fees generally range between 10% and 15% of revenue and additional fees to cover bank charges, insurance, etc. may also be applied.