Are you spearheading an innovative initiative focused on affordable housing, community revitalization, community wellness & safety, housing access & stability, equitable urban development, or homelessness solutions? New-HUD, Inc.—Nunnally Enterprises Working in Housing and Urban Development— offers Model C fiscal sponsorship uniquely positioned to empower projects dedicated to transforming our built environment and the lives within it. Building upon a robust legacy of direct service in Atlanta, Georgia, and its surrounding areas, we provide the essential financial and administrative framework that enables your visionary projects to achieve tangible, sustainable impact with complete operational autonomy.
To ensure robust alignment with our mission and unwavering compliance with IRS regulations, projects seeking fiscal sponsorship through New-HUD, Inc. must fulfill the following criteria: * **Charitable Purpose:** The project's activities must strictly adhere to charitable, educational, or scientific purposes, as defined under IRS Section 501(c)(3). This specifically excludes political campaigning, lobbying, or any form of private benefit. * **Mission Alignment:** The project's objectives and operational strategies must be unequivocally consistent with and advance the core mission of New-HUD, Inc., which is dedicated to fostering solutions in housing affordability, community development, and urban welfare. * **Operational Independence:** The project must function as a discernibly separate entity (or an individual/group) possessing the capacity to autonomously manage its day-to-day operations and programmatic execution. Our role is one of supportive fiscal oversight, not direct operational management. * **Leadership and Capacity:** The project must demonstrate strong leadership, a clear organizational structure, and the requisite capacity to effectively plan, implement, monitor, and report on its activities. * **Legal Compliance:** The project must commit to operating in full adherence to all applicable local, state, and federal laws, regulations, and reporting requirements. * **No Prior 501(c)(3) Status (Generally):** This service is primarily designed for initiatives that do not yet possess their own independent 501(c)(3) determination.
Securing fiscal sponsorship with New-HUD, Inc. involves a transparent and structured process designed to establish a strong, compliant partnership. We are committed to guiding you effectively through each phase:
1. **Initial Inquiry:** Commence by reviewing our "Our Fiscal Sponsorship Services" page to ascertain that Model C is the optimal fit for your project's operational and fundraising needs.
2. **Submit Project Proposal:** Formulate and submit a comprehensive Project Proposal (referencing **Exhibit A** from our agreement framework). This proposal should meticulously outline your project's charitable purpose, proposed activities, strategic goals, detailed budget, key leadership, and operational blueprint.
3. **Foundation Review:** Our Board of Directors will rigorously evaluate your proposal to assess its alignment with New-HUD, Inc.'s mission, its charitable intent, and its operational feasibility. We may necessitate additional information or a virtual discussion during this evaluative phase.
4. **Agreement & Onboarding:** Upon successful approval, we will formalize our collaborative partnership through a robust Fiscal Sponsorship Agreement (Model C). This agreement will delineate mutual roles, responsibilities, reporting stipulations, and our transparent administrative fee. Following execution, your initiative will be officially onboarded as a fiscally sponsored project.
5. **Begin Fundraising:** With the formalized agreement in place, you can immediately commence soliciting tax-deductible donations and applying for grants under New-HUD, Inc.'s 501(c)(3) status, benefiting from our dedicated support in processing contributions and ensuring compliance.