It’s been a long struggle to establish wider acceptance and understanding of the full costs of operating a nonprofit – that “overhead” is not excess to be trimmed, but essential to the performance of mission. If it isn’t sufficiently covered, mission, outcomes and staff suffer. And although progress is being made (e.g., MacArthur Foundation’s recently updated indirect policy), many funders continue to not cover full costs for their grantees. For fiscal sponsorship relationships, this may mean neither the sponsor’s nor the project’s full costs of carrying out their work are fully covered, perpetuating the starvation cycle. Join us to explore emerging opportunities for fiscal sponsors to advocate for more equitable cost-recovery structures to both support and sustain important nonprofit work, as well as emerging practices for capturing whole costs for sponsored projects.
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