fiscal sponsorship – Magic Cabinet

Setting the Philanthropic Advising Field Free

In a recent article for Proximate, Magic Cabinet’s Director of Philanthropic Solutions, Molly Judge, explores how open-sourcing the philanthropic advising field has the potential to transform the sector.

Reciprocity Should Become the New Standard for Working With Intermediaries

Funders are increasingly tapping intermediaries to serve as a bridge to BIPOC-led, community-based, and ‘hard to reach’ organizations. In this piece, Proximate examines how funders can transition from a transactional approach to more reciprocal relationships with intermediaries.

A New Chapter of Magic Cabinet’s Grantmaking: Introducing Our First Fiscally-Sponsored Cohorts

The text reads "$7.5 million awarded to three new cohorts" appears in front of a gray background featuring the logos of Magic Cabinet and Rooted in Vibrant Communities.

We’re excited to announce Magic Cabinet’s first cohorts of fiscally-sponsored organizations. Ushering in a new evolution of our grantmaking, we’re eager to shift power to a new group of nonprofits to help them catalyze impact within the communities they serve.

Cultivating Community Power with Rooted in Vibrant Communities

The logos for Rooted in Vibrant Communities and Magic Cabinet appear on a dark blue background. A green banner along the bottom says Partnership Announcement in dark blue.

As a foundation that’s deeply committed to resourcing smaller, community-led organizations, we’re thrilled to partner with Seattle nonprofit Rooted in Vibrant Communities (RVC) to launch three fiscally-sponsored cohorts this spring.

A New Vision of Fiscal Sponsorship

A survey titled 'Fiscal Sponsor Field Scan 2023' is in front of a background image highlighting various fiscal sponsorship models.

A new survey on fiscal sponsorship explores the current state and future state of the field, including opportunities to introduce greater equity to the model.