Fiscal Sponsorship: Investing in the Community

The mission of Ada S. McKinley is to empower, educate, and employ people to change lives and strengthen communities. One of the ways we invest in the community is through fiscal sponsorships that improve access to resources that youth and families need. Our belief is that their success in life should not be defined by geographic or demographic circumstance. Our investments include violence prevention, youth and family support, behavioral health, economic development, and education. These investments are partnerships with organizations that have the experience, local knowledge, and inclusive relationships to propel their communities forward.

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.

We customize services based on the specific needs of your project/initiative. Fiscal sponsorship with Ada S. McKinley may include:

• Reviewing grant requests submitted for funding under Ada S. McKinley’s name;
• Receiving funding or contributions for the project/initiative;
• Submitting payment of invoices for goods and services rendered to execute the project/initiative;
• Reviewing and receiving 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;
• Engaging staff or independent contractors to provide resources for the project/initiative, and;
• Providing certain administrative and operational assistance.

If you have a program or project you would like considered for Ada S. McKinley fiscal sponsorship, please email a Letter of Interest to [email protected]. Your submission should include the following:

• Budget
• Use of Funds
• Expected Outcomes (including statistical data)
• Point of Contact
• Letters of Support
• The subject line of your email should be “Letter of Interest”