Through our fiscal sponsorship platform, Nevada Community Foundation provides a wide range of services to help nonprofits with: back office services; fundraising; planned giving and complex gifts assistance.
Nonprofits also may create an endowment fund with Nevada Community Foundation and benefit from low cost, third party oversight, and access to the investment capacities of a $100 million+ foundation.
We also provide technical assistance to nonprofits in areas including board development, mission and vision development, and other services.
FISCAL SPONSORSHIP SERVICE OPTIONS
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OPTION 1: STANDARD package for basic accounting needs
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| 501(c)(3) Status |
- Nevada Community Foundation 501(c)(3) exempt public charity status allows you to do the work and solicit donations immediately without the onerous IRS application process.
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Administrative
Accounting Services |
- Process invoices, grants, and other payments
- Distribute tax deduction acknowledgement letters of gifts as received
- Assist with contract design and compliance for potential grant recipients
- Other regular accounting services
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| Online Fund Management |
- 24-hour online fund management platform provided through MicroEdge, LLC (“Donor Central”). Quarterly fund statements are uploaded on the system
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| Contact Point (“Gatekeeping”) |
- Serve as the project point of contact for the general public’s inquiry
- Serve as “gatekeeper” to clients’ preferences
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OPTION 2: ENHANCED package including all standard services + customization
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| Mission, Vision, Strategy |
- Advise and help develop mission and vision
- Advise and help develop strategic plan and implementation
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| Customized Reports |
- Customized reports at the client’s request
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| Website Management |
- Coordinate with third party web designers with relationship pricing
- Assist in maintaining and updating website content
- Integrated payment platform via NCF website and/or third party services
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OPTION 3: PREMIUM package including all standard and enhanced services + high level support
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| Governmental Compliance |
- Prepare and file IRS Form 1099s and IRS Form 990 returns
- Prepare working papers for financial statement audits or review
- Maintain D&O insurance coverage and tax reporting infrastructure
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| Board/Committee Liaison |
- Schedule board, committee, and taskforce meetings
- Prepare meeting materials, venue and teleconference system
- Staff transcribe minutes for records and distributions
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| Board Governance Strategy |
- Board composition and structure development
- Board governance and risk management assistance
- Individual or group board training
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| Grant & Scholarship Management |
- Manage open grant cycles and scholarship cycles, solicit RFPs and applications
- Work with client and institutions to solicit scholarships, as needed
- Provide first-level grant review for compliance of application guidelines
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| Event Facilitation |
- Facilitate event logistics, distribute announcements, serving as point of contact
- Assist with event program development and timelines
- Track expenses, revenues, and handle tax acknowledgments
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