
Fiscally Sponsored Projects
We will be accepting new applications for fiscal sponsorships beginning in late 2023. Please contact Tanner Martin at 575-737-9300 if you have questions.
Fiscal sponsorship is a common mechanism used in the nonprofit sector that enables individuals and groups to start a new program without establishing a new, separate nonprofit organization. Fiscally Sponsored Projects receive the charitable status from their fiscal sponsor, often thru a contractual agreement, and typically for a short period of time.
Fiscally Sponsored Projects of the Foundation are not separate entities, rather, they are an integral part of the Foundation and receive administrative, financial and supportive services to help foster the project into its next step, which may be the establishment of a new organization, or to see a time-limited project to completion. Fiscally Sponsored Projects are considered by the Foundation on a case-by-case basis, and upon review of a formal application.