- The largest existing funder collaborative supporting efforts to prevent gun violence was looking for a new fiscal sponsor in early 2023.
- Global Impact expertly assessed their needs, which included comprehensive financial management, contract and compliance review, grant management and advisory services, grantmaking and donor management.
- Fund for a Safer Future selected and entrusted their project to Global Impact.
Transitioning fiscal sponsorship for a gun violence prevention (GVP) donor collaborative
Opportunity
Approach
- Serves as the fiscal sponsor and secretariat for Fund for a Safer Future.
- Conducted a thorough inventory of all project assets and liabilities, laying the groundwork for a smooth transition from the client’s previous fiscal sponsor.
- Works closely with the client’s team to lead their grantmaking efforts, analyzing proposals and financials for potential grantees and disbursing funds to community-based organizations across seven focus areas including state-wide initiatives, community violence intervention (CVI), research, organizing and movement building, communications and messaging, suicide prevention, and second amendment and legal strategies.
- Maintains Fund for a Safer Future’s large, pooled fund and its ongoing complex financial activity.
- Supports Fund for a Safer Future to identify, qualify, and onboard new funders interested in the gun violence prevention space to join the donor collaborative.
Results
- Seamlessly transitioned Fund for a Safer Future from the prior fiscal sponsor.
- Provides donor management and fundraising services for 30+ foundations and contributors supporting the work.
- Manages and distributes approximately 50 subgrants totaling more than $3.5 million annually for Fund for a Safer Future.
- Maintains financial integrity and compliance.
Featured Client:
Global Impact has been very responsive and attentive to our needs, especially in helping us transition from our prior fiscal sponsor. Thanks to their consistent support and expertise, Global Impact now provides a wide range of services for our organization, including financial services, grantmaking, fundraising advisory, IT, HR, and legal support.
Talia Wright
Executive Director at Fund for a Safer Future
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