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.](https://www.magiccabinet.org/wp-content/uploads/2024/05/Fiscal-1-2-1024x536.png)
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
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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.](https://www.magiccabinet.org/wp-content/uploads/2024/01/Fiscal-Sponsor-Field-Scan-1024x582.png)
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.