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How to Partner with Catalyst for YouthPart of Catalyst for Youth's guiding philosophy is that the most effective and innovative projects are often initiated at the grassroots community level. Many of these projects are catalyzed by volunteer activists or neighborhood organizations, and are too small or too new to have their charitable status recognized by the IRS. Often temporary in nature, undertaking the burden of developing a full-fledged non-profit corporation would constitute a severe strain on scarce community resources and divert focus from achieving program objectives. In a fiscal sponsorship relationship, Catalyst for Youth extends its charitable umbrella over select California projects whose missions closely match its own. Catalyst for Youth tailors an individualized package of management, fundraising and strategic planning assistance for each start-up or temporary project, while enabling the project to raise or accept tax-deductible donations. As the fiscal sponsor, Catalyst serves as the go between for the grantee and the grantor. In essence, Catalyst is extending its exempt status in order to help the grantee reach its fundraising goals. The project remains property of the grantee. Catalyst monitors the project’s financial and grant reporting behaviors to ensure that the project abides by the conditions set forth by the grantor. As a fiscal sponsor we offer:
The sponsored project or artist is a separate legal entity that at no point becomes a part of the sponsoring organization, Catalyst for Youth. The project is responsible for its own taxes, financial audit, general property, liability and workers compensation insurance. General Guidelines
Application ProceduresAll Applicants click here to download an application form. Print Three copies of the Application (recycled or reused paper acceptable) and mailed to: Catalyst for Youth: Fiscal Sponsorship Guidelines for Artists and Youth Oriented Groups:Please submit the following:
Guidelines for Arts Organizations:Please submit the following:
You will be notified of our decision by mail in approximately three to four weeks.Please note that many of the grantors you will be working with also have an independent relationship with us. In order for Catalyst to remain on good terms with these grantors and not risk potential loss of support it is important that as a fiscal sponsor we:
All applicants receiving fiscal sponsorship from Catalyst are required to:
Contact InformationFor further information and questions please contact Joanne Lauck Hobbs at: Catalyst for Youth, Inc. Fax: 408 837-0501 Donor-Advised ProgramCatalyst for Youth works closely with individual donors to help them design and implement philanthropic goals. Some donors prefer to use Catalyst for Youth as their "checkbook," making a single annual donation and asking Catalyst for Youth to execute a series of sub-grants. In other cases,Catalyst for Youth partners with donors to build a permanent endowment, often in memory of a loved one. In either case, donors can take advantage ofCatalyst for Youth's experience and flexibility in designing a fund that meets their own unique needs. Catalyst for Youth, a community-based public charity and educational non profit organization offers fiscal sponsorship for emerging artists in all visual and performing mediums and projects that target a youth and young adult population. Having a fiscal sponsor allows you to approach grantors who require applicants to be an IRS recognized tax-exempt, charitable operating organization. The program also benefits individuals who can fund your project by making their contribution(s) tax-deductible to the fullest extent of the law.
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| © Copyright 2007 Catalyst for Youth, a 501 (c) 3 non-profit organization. All rights reserved. | ||||||||