FISCAL SPONSORSHIP
Your Access to Funding
Far too many talented artists have had to sacrifice their dreams and passion to provide stability and financial sustainability. It is our mission to create an ecosystem that supports artists, enabling them to create their art and maintain a sustainable livelihood. Here at Vila da Magnolia, we do not support the notion of a "struggling artist." We deserve better!
PROCESS
1. The first step to gaining access to our Fiscal Sponsorship Program is to complete an application form and admin fee.
2. Once completed, the applicant will receive an email containing the Fiscal Sponsorship Agreement.
3. After the agreement is signed, applicants will receive the an official welcome letter containing necessary information to apply for grants and scholarships. The process is simple and considerate of your resources and time. If you have any questions on the program, please review the FAQ section.
Click Here to Apply
FAQs
1. Is there a cost to apply?
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Yes, there is a nominal fee of $10 to apply for our Fiscal Sponsorship Program.
2. Is there cost to being in the program?
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There is no cost to be in the program, however, there is a 10% administrative fee for every grant and scholarship received through the program.
3. Am I responsible for applying to grants and scholarships or does the non-profit apply on my behalf?
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Yes, you are responsible for applying to grants and scholarships, however, the non-profit receives the funds (based on our tax exempted status) and disperses the funds to you minus the 10% admin fee.
Disbursements are made the second and fourth Fridays of the month via wire transfer, check, or Zelle.
4. Why is there an admin fee?
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The admin fee covers tax documentation for the program. All participants of the program who receive grants or scholarships through the program will receive an end of the year report for your taxes.