Many individuals, foundations, corporations, or government organizations restrict funding of independent projects to tax-exempt organizations. Fiscal Sponsorship allows AMIA to serve as a conduit for financial resources, and provides administrative support and oversight for project grants.
Projects fiscally sponsored by AMIA are able to offer the incentive of a charitable deduction for income tax purposes, a service individuals couldn’t otherwise offer. It also offers grant seekers the ability to access foundation and government grant funding that may only be accessible to non-profit organizations or fiscally sponsored projects.
Establishing a fiscal sponsorship under AMIA’s 501(c)(3) public charity designation substantially reduces the costs typically associated with developing nonprofit governance, management and operational infrastructure. It also can be a useful interim step while your project makes the transition to independent charitable status.
AMIA has served as fiscal sponsor for projects as they created their own 501(c)3 organization or co-op, as well as strategic planning and business development projects. If you are fundraising or grant writing for a project – creating a new archive or organization to training to restorations – you can apply for fiscal sponsorship. We want to offer you and your project the opportunity to
Your project must fall within AMIA’s mission, which is dedicated to media preservation and access. AMIA Membership is required for all projects accepted into the program at either the Individual or Institutional level. Membership must be maintained throughout the life of the fiscal sponsorship.