What's Happening?
Equitable intermediaries, also known as fiscal sponsors, are playing a crucial role in supporting grassroots organizations by providing legal, financial, and technological assistance. These intermediaries help
organizations focus on their core missions by absorbing risks and offering capacity-building investments. Unlike traditional fiscal sponsors, equitable intermediaries engage in leadership development, coalition building, and peer learning. They also ensure that sponsored projects have a voice in organizational decisions, promoting a more inclusive governance model. Organizations like RVC and Fractured Atlas are leading efforts to increase equity within the nonprofit sector by shifting resources from philanthropy to frontline communities.
Why It's Important?
The role of equitable intermediaries is vital in today's challenging nonprofit landscape, where organizations face increased scrutiny and financial pressures. By providing comprehensive support, these intermediaries enable grassroots organizations to maintain their focus on community building and advocacy. This approach not only strengthens the capacity of individual organizations but also fosters a more equitable distribution of resources and power within the nonprofit sector. As a result, equitable intermediaries contribute to the sustainability and effectiveness of social justice movements, helping them address systemic inequities and drive meaningful change.
Beyond the Headlines
Equitable intermediaries are reshaping the nonprofit sector by challenging traditional power dynamics and promoting collaboration over control. By offering a platform for shared decision-making and resource allocation, these intermediaries empower grassroots organizations to become more resilient and impactful. This shift towards equitable practices reflects a broader movement within the nonprofit sector to prioritize community-led initiatives and reduce barriers to funding and support. As more organizations adopt this model, the potential for transformative change within communities increases, paving the way for a more just and inclusive society.
