Fiscal Sponsorship

CEDC can provide fiscal sponsorship services that allow community projects and emerging organizations to focus on their missions while benefiting from established financial management, grant administration, compliance oversight, and organizational support. These services help reduce administrative barriers, strengthen accountability, and bring valuable resources and initiatives to Coös County.

Financial Management & Bookkeeping

  • Receive, manage, and disburse grant and donated funds on behalf of sponsored projects.

  • Provide bookkeeping, financial tracking, and fund accounting.

  • Prepare budgets, and financial reports.

  • Manage accounts payable, reimbursements, and expense documentation.

  • Maintain financial records and internal controls.

Grant Administration & Compliance

  • Serve as the eligible nonprofit applicant or recipient for grants when appropriate.

  • Assist with grant applications, budgets, and financial documentation.

  • Track grant expenditures and ensure funds are used for approved purposes.

  • Prepare required financial reports for funders.

  • Monitor compliance with grant agreements and funding restrictions.

Administrative & Operational Support

  • Provide administrative oversight and financial procedures.

  • Assist with vendor payments, contracts, and recordkeeping.

  • Establish policies and procedures for responsible management of funds.

  • Coordinate with accountants, auditors, and other professional service providers.

Project Development & Technical Assistance

  • Assist with project planning, budgeting, and financial sustainability.

  • Provide guidance on organizational development and nonprofit operations.

  • Connect projects with potential funding sources, community partners, and professional resources.

  • Support emerging organizations as they develop the capacity to operate independently.

Accountability & Oversight

  • Provide financial oversight to ensure transparency and responsible stewardship of funds.

  • Maintain appropriate documentation for audits and funder reviews.

  • Establish clear fiscal sponsorship agreements outlining responsibilities, reporting requirements, and financial controls.

  • Ensure sponsored activities align with CEDC's charitable mission.