One of the Philadelphia City Fund’s roles is to serve as a fiscal sponsor. We are the only fiscal sponsor that conducts all of its work on behalf of Philadelphia City government.
As fiscal sponsor, the Philadelphia City Fund provides fiscal sponsorship for municipal initiatives, which allows City departments to raise funds and accept philanthropic support, while providing the assurance to funders that contributions are managed with integrity and accuracy.
A fiscal sponsor is an IRS-designated 501(c)(3) nonprofit organization that provides fiduciary oversight, financial management, and other administrative services to help build the capacity of charitable projects. Fiscal sponsors accept the responsibility of managing public and charitable funds of partner organizations under their own tax-exempt umbrella.
The Philadelphia City Fund also provides capacity building for City departments and programs, including grant management services, fiscal reporting, technical assistance, and support in developing and leveraging strategic relationships.
Learn more about our fiscally sponsored projects