the city’s financial backbone
Fiscal sponsors are IRS-designated 501(c)(3) nonprofit organizations that serve as the financial and administrative backbone for other mission-driven organizations. Fiscal sponsors accept the responsibility of effectively managing public and charitable funds of partner organizations under their own tax-exempt umbrella.
As one of the country’s only mayoral funds, the Baltimore Civic Fund provides fiscal sponsorship for initiatives of the City of Baltimore – currently more than 125 programs and projects. Our services allow City agencies to raise funds and accept philanthropic investments, while providing the assurance to investors that contributions are managed with the highest level of integrity and accuracy.
Beyond fiscal sponsorship, the Civic Fund provides additional capacity-building for City agencies and programs, including grant management services, fiscal reporting, technical assistance, and support developing and leveraging strategic relationships to advance the vision and priorities of the Mayor of Baltimore.