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Hi - I'm the executive director of Hack Club (https://hackclub.com). We are a nonprofit that helps tens of thousands of teenagers learn to code each year, and in 2018 we launched an in-house fiscal sponsorship program called Hack Club Bank (https://hackclub.com/hcb/), originally for our students. Our sponsorship program has expanded and we now serve organizations of all mission types, including software, climate, and social movements. We sponsor over 1,500 organizations, most of them grassroots, and receive donations from funders including Ford Foundation, Gates Foundation, and many others for them. We've been helping many OCF groups that need a new fiscal sponsor, and 3 have transferred over already. For any groups reading this - we would be happy to work with you and continue supporting your work. Please email me directly at zach@hackclub.com and I can connect you with the right person on our team. There are two unique things about HCB that sets us apart: 1) we are software-enabled, with a custom Rails app for financial management, which offers dramatically better UX than most fiscal sponsors (there is a demo if you click the screenshot on https://hackclub.com/hcb/), including the ability to have physical spending cards, and 2) we are a nonprofit ourselves, and any excess fees go toward making HCB free for high school students and supporting their education. |