HUMANITARIAN SOCIAL INNOVATIONS

IN 2023, HUMANITARIAN SOCIAL INNOVATIONS ADDED 17 MODEL A PROGRAMS AND 4 MODEL C PROGRAMS WITH FISCAL SPONSOR AGREEMENTS SIGNED BY BOTH PARTIES. MODEL A PROGRAMS - ACCELERATED START SOMETHING THESE PROGRAMS ARE NOT LEGAL ENTITIES,AND SO OUR CONTRACT BRINGS THEM INTO OUR ORGANIZATION AS A PROGRAM OF HSI. THE PROGRAM MANAGER CAN FOCUS ON FUNDRAISING AND IMPACT, AND THE SPONSOR (HSI) PROVIDES FIDUCIARY OVERSIGHT AND SERVICES WHICH CAN INCLUDE ACCOUNTING, HR. PAYROLL MANAGEMENT, OPERATIONAL CONSULTING, GRANT MANAGEMENT AND MORE. THEY DO NOT HAVE THEIR OWN BANK ACCOUNT. HSI PAYS THEIR BILLS AND EXPENSES USING THEIR PROGRAMS FUNDS. MODEL A IS BEST FOR THOSE IN NEED OF STRUCTURE AND FOR THOSE LOOKING TO REDUCE THEIR EXISTING ADMINISTRATIVE LOAD. THEY ARE DOMICILED IN THE UNITED STATES. MODEL C PROGRAMS - CERTIFIED GRANTEE GO FOR IMPACT THESE PROGRAMS ARE LEGAL ENTITIES, TYPICALLY STATE-REGISTERED NON PROFIT CORPORATIONS. THEY DO NOT HAVE AN IRS-GRANTED 501(C)(3) STATUS. HSI RECEIVES DONATED DOLLARS SUPPORTING A SPECIFIC PURPOSE AND RE-GRANT THEM TO THE ORGANIZATION TO COMPLETELY FULFILL THAT CHARITABLE PURPOSE. MODEL C IS BEST FOR ORGANIZATIONS WITH SUFFICIENT OPERATIONS TO HANDLE THE ADMINISTRATIVE WORKLOAD AND WHO WANT TO BRANCH OUT AND BRING, OR GROW, A CHARITABLE IMPACT ARM TO THEIR BUSINESS. THEY DO HAVE THEIR OWN BANK ACCOUNT. ALL INTERNATIONALLY DOMICILED PROGRAMS ARE MODEL C. WE TRANSFER FUNDS INTO THEIR BANK ACCOUNT, BOTH DOMESTICALLY AND INTERNATIONAL WIRE TRANSFERS, FOR PROGRAMMING TO TAKE PLACE.