Learn about requesting becoming a beneficiary/trustee and its benefits for your social enterprise.
Helping social enterprises leverage our legal and tax-exempt status on similarly-aligned projects and nonprofit organizations to receive grant funding and back office support.
Without the generosity of our fiscal sponsors, funders, and prospective strategic partners, our work would not be possible. Growing organizational impact happens when we work in tandem and expand philanthropic efforts. When our missions align, we are capable of amazing things.
Accourding to the Council of Nonprofits: “Using a fiscal sponsorship arrangement offers a way for a cause to attract donors even when it is not yet recognized as tax-exempt under Internal Revenue Code Section 501(c)(3). In essence the fiscal sponsor serves as the administrative “home” of the cause. Charitable contributions are given to the fiscal sponsor, which then grants them to support the cause. Learn about fiscal sponsorship in this short video (NEO Law Group).”
Frequently Asked Questions
Please get in touch should you have any additional questions.
Why should I consider fiscal sponsorship for my social enterprise?
How can I apply for my social enterprise to receive fiscal sponsorship?
What is the administrative fee / indirect rate?
As an intermediary foundation and regional collaborator, The Forbes Funds welcomes the opportunity to partner and support organizations that are building the capacity of human services and community development organizations and advancing the quality of life for all residents locally and regionally. To maximize the funding available for organizations to provide direct services, The Forbes Funds Indirect Rate is traditionally between 10-15%. This rate covers administrative costs associated with grant and financial management and some grant reporting requirements associated with the funding.
Hi, I’m Olivia Benson and I am the Chief Operating Officer of The Forbes Funds and Greater Pittsburgh Nonprofit Partnership. A proud nerd, I have a BS in Policy and Management from Carnegie Mellon University, an MBA from Point Park University, and an MS in Social Policy from the University of Pennsylvania. In my roles, I am responsible for managing C3 work and Human Centered Design Work, including organizational development, coalition building, project management, public and community relations, and policy analysis among other things.
Professionally, I have been recognized as a social innovator in civic engagement, diversity in elected office, and social impact policies. I have a proven record in promoting advocacy causes, social entrepreneurship, and community-building for social change. I helped co-found She Runs SWPA, which is an initiative that encourages more women to run and get elected to public office, and consider this one of my proudest accomplishments by far.