Centering Equity and Supporting Innovation Through Fiscal Sponsorship
By Jasmine Hall Ratliff
At Build Missouri Health, fiscal sponsorship is more than an administrative function—it's a cornerstone of our commitment to fostering community-led innovations that promote health equity. By serving as a fiscal sponsor, we create the conditions for emerging organizations and coalitions to thrive, ensuring they have the resources and support they need to tackle Missouri's most pressing health challenges.
What is Fiscal Sponsorship?
Fiscal sponsorship is a collaborative relationship where an exempt organization, such as a 501(c)(3) public charity, helps a mission-aligned coalition or organization manage funds, comply with legal requirements, and gain traction. This article in Social Impact Commons details the most common models. At Build Missouri Health we currently provide Model C fiscal sponsorship, which allows us to:
- Accept and regrant funds on behalf of our partners.
- Serve as the grantee of record with funders.
- Ensure compliance with funding requirements and regulations.
This approach enables us to amplify the impact of smaller organizations by offering them a stable foundation from which to launch and grow.
Why Fiscal Sponsorship Matters in Missouri
Fiscal sponsorship is gaining traction nationwide, but the need remains especially acute here in Missouri. With more than 20,000 registered nonprofits statewide, fewer than a handful specialize in fiscal sponsorship. While several local and regional organizations offer a version of fiscal sponsorship along with many other activities, their reach and capacity is understandably limited. This limited access often creates barriers for smaller, emerging organizations—especially those led by people of color or youth leaders—who lack the resources to navigate traditional funding systems.