"Today, nonprofits face elevated risk. Some have advised nonprofits to put on their metaphorical oxygen masks to wait out the storm. Such caution may be understandable, but turning inward can fracture needed solidarity. One tool that can help grassroots organizations avoid isolation is an equitable intermediary."
"An intermediary or "fiscal sponsor" can assist with such matters as legal compliance and human resources. It can also provide financial and technological expertise. This allows grassroots organizations to focus on base building, organizing, and visioning."
"What Makes an Intermediary "Equitable"? An equitable intermediary goes beyond "traditional" infrastructure support in key, meaningful ways. Instead of simply processing grants, equitable intermediaries make capacity investments in such areas as communications and fundraising support, leadership development, coalition building, peer learning, and wellness support."
Nonprofits face elevated risk and inward retreat can fracture solidarity. Equitable intermediaries or fiscal sponsors assist grassroots organizations with legal compliance, human resources, financial and technological expertise. These services allow grassroots groups to focus on base building, organizing, and visioning. Equitable intermediaries invest in communications, fundraising, leadership development, coalition building, peer learning, and wellness support. They absorb financial, legal, and compliance risks, redistributing risk to level the playing field for community-led organizations. Governance often includes sponsored projects having a voice in decisions through peer governance or naming project directors as board members. Not all intermediaries provide these equitable supports.
Read at Nonprofit Quarterly | Civic News. Empowering Nonprofits. Advancing Justice.
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