Fiscal Sponsorship

As a fiscal sponsor, Ada S. McKinley provides administrative services, technical assistance, fiduciary oversight, and human resources for small businesses and not-for profits engaged in charitable work. Fiscal sponsorship is a safe and supportive home for small businesses and not-for profits that are hoping to meet their mission regardless of their IRS standing, longevity, and administrative & structural efficacy.

By providing these invaluable tools and services, Ada S. McKinley has worked collaboratively with small businesses and not-for profits who need help to meet their mission and enrich the people and communities in Illinois.

Fiscal sponsorship with Ada S. McKinley includes:

• Reviewing grant requests submitted for funding under Ada S. McKinley’s name;
• Receiving contributions for the Project/Initiative;
• Submitting payment of invoices for goods and services rendered to execute the Project/Initiative;
• Review and receive copies of completed reports in support of the Project/Initiative, as requested;
• Providing periodic financial reports/activity review of financial activity throughout and at the conclusion of the Project/Initiative, or as requested;
• Entering into contracts on behalf of the Project/Initiative;
• Hiring employees or independent contractors, in support of the Project/Initiative, and;
• Providing certain administrative and operational assistance.

To Learn More about our fiscal sponsorship for small businesses and not-for-profits, please contact ???