What's Happening?
Equitable intermediaries, or 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 missions by absorbing risks
and offering capacity-building support. They emphasize equity by involving sponsored projects in decision-making processes and providing services on a sliding scale. This approach allows grassroots organizations to maintain their focus on community building and advocacy while navigating complex philanthropic landscapes.
Why It's Important?
The role of equitable intermediaries is significant in empowering grassroots organizations, particularly those focused on social justice and community development. By providing essential support and reducing administrative burdens, these intermediaries enable organizations to scale their impact and address systemic inequities. This model of support can lead to more sustainable and effective community-led initiatives, fostering collaboration and innovation in the nonprofit sector. As funding landscapes evolve, equitable intermediaries may become increasingly vital in ensuring that grassroots organizations can thrive.
