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What is Fiscal Sponsorship?
Fiscal Sponsorship is for people with big hearts who want to make a huge difference but aren’t ready, or don’t want to, build a whole organization.
It means we (Brilliant Planet) take on the heavy lifting (AKA: the super boring but very necessary stuff) in the backend to allow you to make more impact, faster.
It also means you don’t need to figure out how to build a whole organization before you can make an impact because you get access to our 501(c)3 nonprofit designation to raise money with, as well as our team of business, branding and leadership experts.
In “official” terms…fiscal sponsorship is a collaborative arrangement where a tax-exempt organization, in this case, Brilliant Planet, provides support and oversight to an individual or organization who is not recognized as a nonprofit, but who wants to raise funds and make an impact.
This support includes financial management, compliance, and administrative services so you can focus on what you do best – creating magnificent programs and experiences that impact those in your community.
What the Program Includes:
1. Structural Stability and the Ability to Apply for Funding:
- Access to Brilliant Planet’s financial infrastructure ensures stability and transparency in managing funds.
- Donors can contribute with confidence, knowing that their support is backed by a reputable fiscal sponsor.
2. Administrative Support:
- Streamlined administrative processes, allowing you to dedicate more time and resources to your core mission.
- Compliance management and reporting handled by Brilliant Planet, ensuring adherence to regulatory standards.
3. Networking Opportunities:
- Collaboration with other organizations under Brilliant Planet’s fiscal sponsorship, fostering a community of like-minded changemakers.
- Networking events and resources that open doors to new partnerships and collaborations.
4. Thought Partnership and Mentoring
- The Brilliant Planet team of leaders has your back and will provide you with guidance on everything required to create a successful program
How It Works:
We provide the infrastructure for you to write your own grants, launch campaigns and fundraise under a 501(c)3 nationally recognized organization.
Fiscal Sponsorship means that you don’t have to build a board of directors, file IRS and state paperwork, open accounts and then manage all of the backend paperwork when all you want to do is launch a program and create impact.
In other words…ready, fire, aim! (Yes, we know it’s out of order… but this is how we believe that real, lasting impact happens.)
Things to Know:
🌻 The terms of fiscal sponsorship vary on a case by case basis. We are willing to explore being your sponsor for one project, or in an ongoing capacity.
🌻 There is no upfront investment on your part.
🌻 Please thoroughly read through the Qualifications list to ensure this is the right fit for you. We invest heavily in those we partner with and being the exact fit is mission critical for you and for us.
🌻 We cover our costs by building in a 5-10% fee based on your fundraising. This means, if you fundraise $100, you will send us $5 to cover all of the backend costs we incur through our partnership.
Did you know? You can pay yourself a stipend while working on your project. We are HUGE fans of those working to make a positive change also making a living wage. You will have to fundraise for your stipend, but you can and should write it into your budget.
What to Do Next: Once you review the section below on “Qualifications” and you have determined this is a fit for you, we will have an initial phone conversation to get to know each other better. You can schedule that here.
Why We Offer This:
Our founder, Terra Rose Sorrell (formerly Terra Rose Ganem), is wildly passionate about closing the gap between those who want to create impact and the ability to do it.
Her studies in school and the majority of her career have been spent in or around the nonprofit sector and she’s found it so disheartening to witness both the competitive nature of nonprofits for funding (building together will always get you way further, way faster) and watching those who don’t have a business / nonprofit background but who want to make major change fail or become super discouraged because they don’t have the capacity to build all of the infrastructure, while working a job and figuring out how to make a chance.
In essence, you shouldn’t have to be everything to everyone, make side money AND figure out how to create impact. Seriously, she knows the system is rigged against you and your golden heart to make an impact… and she & Brilliant Planet are here to do their small part in supporting brilliant minds who are here to make real change.
Qualifications:
We partner with those who have heart, skill and passion for creating paradise on earth through their work.
We do not look for traditional “markers of success” such as whether or not you have already successfully launched a program, if you have a sizable team, if you have specific credentials, etc.
We have a rigorous vetting process to ensure that your values and project concept aligns with our values, mission and goals. We invest heavily in those we work with through leadership training, opening up our network, offering mentorship, and so much more, so it is critically important that we align.
About You:
- A heart of gold and a mind for impact
- The ability and willingness to write and submit reports on time
- You have a project idea that aligns with our values (see below)
- Great communication and the ability to have uncomfortable conversations with compassion
- An interest in growing in your leadership
Do you Align with Our Values?
- Creating the Best Ever Experiences
- Compassionate, Inclusive Leadership
- Humility
- Perseverance
- Connection to self, each other and nature
- Celebration and Love
- Truth and Trust
- Bravery and Respect
- Extraordinary Communication
- Community Cohesion and Development
Does Your Project Fall Under One of These Categories?
(If you’re not sure, please reach out to us… this list is not exhaustive)
>> The #1 criteria for projects is that they create paradise on earth in some way. Paradise is created through enhancing ones diet with fruits and veggies, planting, altering the way someone thinks or feels so they feel better, etc.
- Regenerating the environment
- Serving youth
- Providing education that expands minds
- Plant powered health and wellness
- Outdoor and nature experiences
What This is Not:
Currently, we do not offer grants or funding for projects.
We do not build websites, create branding or do fundraising for you.
Get Started: Schedule a Discovery Call