Fiscal Sponsorship (What It Is + Why We Use It)
Black Girl Magic Day operates under a fiscal sponsorship model. This allows us to accept tax-deductible donations and pursue funding while maintaining compliance, oversight, and responsible financial management.
What is a Fiscal Sponsor?
A fiscal sponsor is an established nonprofit organization that provides administrative and legal support so a charitable program can operate responsibly while growing.
- Allows donors to receive tax-deductions.
- Provides financial oversight and compliance management.
- Supports grant eligibility and institutional funding access.
Bottom line: Fiscal sponsorship is a standard nonprofit structure used by many organizations in early or scaling phases.
Why BGMD Uses Fiscal Sponsorship
This structure allows us to focus on programming and impact while experienced nonprofit infrastructure supports the administrative and financial backend.
Our Fiscal Sponsor
BGMD is fiscally sponsored by Team Unity. Donations made through our sponsor are tax-deductible and processed through their nonprofit system.
Fiscal sponsors typically charge an administrative fee to cover compliance, processing, reporting, and oversight.
For specific questions regarding our sponsorship arrangement, please email finance@blackgirlmagicday.org.
How Donations Flow
- Donations are received and recorded through the fiscal sponsor.
- Funds are allocated to BGMD for approved program expenses.
- Records are maintained for accountability and year-end reporting.
Transparency • Compliance • Community