Fundraising Support

Fiscal Sponsorship

The Fiscal Sponsorship Program enables community groups in Atlanta, Brookhaven, Tucker, and DeKalb County to raise funds for new playgrounds, enhanced landscaping and other park improvements without having to go through the process of securing 501(c)(3) nonprofit tax status.

With this program, Park Pride functions as a fiscal sponsor, which is a non-profit organization with 501(c)(3) status that receives grants and donations on behalf of a group engaged in activities related to the sponsor’s charitable purpose (in this case, the improvement of parks and greenspace).

Program Benefits

  • This program provides low cost administrative services to registered Friends of the Park groups enrolled in the program.
  • Park Pride establishes a designated fund for each sponsored Friends group to track income and expenses.
  • Park Pride receives donations on behalf of the sponsored Friends group +  assumes fiduciary responsibility for all project funds.
  • Groups can accept donations without having to become a 501(c)(3) nonprofit, and Park Pride will send acknowledgment of tax-deductible contribution to all contributors.
  • The Fiscal Sponsor Program allows groups to focus on raising funds and making park improvements!

FAQs

What services are included in a Fiscal Sponsorship?

  • Sponsored account to accept tax deductible contributions
  • Disbursements from sponsored account as authorized by Project Liaison + approved by Park Pride
  • Donor acknowledgement
  • Receipts for in-kind donations
  • Processing and tracking of company matching gift applications
  • Tax reporting
  • Monthly account statements of project donors

Who can benefit from a Fiscal Sponsorship?

  • Organizations that wish to avoid the time and expense of applying for a 501(c)(3)
  • Organizations that have applied for (or are in the process of applying for) 501(c)(3) status

What is the Cost?

Park Pride’s standard fee for these services is 5% of contributions received (plus any applicable credit card fees).

What are the eligibility requirements?

  • Only registered Friends of the Park groups are eligible for fiscal sponsorship by Park Pride and must submit a fiscal sponsorship application
  • Funds must be used for: improvement and/or maintenance of a public park or greenspace; acquisition of land for public greenspace; programming designed to increase park usage
  • Must obtain approval to use Park Pride’s name and/or logo on all grant proposals, publicity, signage, and outreach materials
  • Must obtain Park Pride’s prior approval for all fundraising events and sales
  • Must submit annual report

 

Get Started

Begin the process to Fiscal Sponsorship by calling or emailing Park Pride’s Program Associate:

Learn More

Fiscal Sponsorship Resources

Title Document Type Description
Fiscal Sponsor Authorization to Release Payment FormFormsAuthorization for reimbursement of incurred expenses.
Fiscal Sponsor Program Updates – 2020GuidesVideo that highlights 2020 changes to Park Pride's Fiscal Sponsor Program
Authorization or Update of Authorized Project LiaisonsFormsUse this form to provide the required annual update of Authorized Project Liaison by 2/15 of each year, or if your Friends Group is changing the Authorized Project Liaison mid-year.
Policies + ProceduresGuidesFiscal Sponsorship Program policies and procedures that will ensure the effective and efficient operation and continued success of the program.
Auction or Sales Donation RecordFormsUse this to record the value and sale price for any auction fundraisers.
Pledge Card TemplateFormsYou may use this template if you plan to distribute pledge cards to your Friends of the Park Group to raise money for a specific project or ongoing expenses.
Request receipt for in-kind donationFormsComplete this in-kind donation form and submit to Program Manager for signature to provide an in-kind donation receipt.
Online Fiscal Sponsor Donation FormFormsMake a Gift to a Friends of the Park Group! Please use this form to make a gift that is restricted for use supporting the park or greenspace you designate through that space's Friends of the Park Group for the purpose of park improvement.