Our Approach

Once Sixteen Thirty Fund becomes a project’s fiscal sponsor, the project is able to quickly launch and get to work while operating under Sixteen Thirty Fund’s legal and tax-exempt status.

Like other fiscal sponsors, Sixteen Thirty Fund is not the original source of funding for the projects it incubates. When a foundation or funder makes a donation to support a project, the fiscal sponsor receives the donation on behalf of the project. Sixteen Thirty Fund follows all local, state, and federal law with respect to the disclosure of individual donors.

Instead of projects setting up their own infrastructure, which is time-consuming and expensive, Sixteen Thirty Fund provides projects with a variety of administrative supports, such as legal and compliance, HR, and accounting and payroll. This streamlined model means projects can launch within weeks rather than months or even years.

Once a project has been incubated, the project can choose to have Sixteen Thirty Fund remain its fiscal sponsor, become its own independently operating entity, or in some cases, end its activities.