February 22, 2021 — TSNE and NYU Metro Center partnered with four fiscal sponsors from across the country to understand how they were reimagining their services and delivery models to provide holistic, responsive, and culturally aligned fiscal management and capacity-building services to support BIPOC-led grassroots groups that support marginalized communities.
CultureWorks Greater Philadelphia, the Foraker Group, Movement Strategy Center, and Urban Affairs Coalition reimagined risk and provided holistic, responsive, and culturally aligned fiscal management and capacity-building services to support the unique needs of grassroots groups. TSNE lifts up these fiscal sponsors’ emerging practices that aim to provide essential administrative, financial management, and capacity-building supports to under-resourced grassroots groups, especially those led by BIPOC leaders. These are not prescriptive “best practices,” but rather emerging practices from select fiscal sponsors, that demonstrate how to conduct equity-centered and transformative services.
TSNE is strengthening our commitment to impact investment by looking at new ways to support the people and organizations working to advance progress in our society. This report came out of our Learning Lab — a two year initiative focused on understanding the capacity building needs of under-resourced organizations that are promoting social good.