diff --git a/www/conservancy/static/members/apply/index.html b/www/conservancy/static/members/apply/index.html index ed3b9216ee37e7ff3c260f9377655e45e06ef2cf..8282d19020a6bb8d6adff4a0b7dc399ee1364785 100644 --- a/www/conservancy/static/members/apply/index.html +++ b/www/conservancy/static/members/apply/index.html @@ -75,6 +75,23 @@ will meet these requirements.

detailed questions about any of the benefits, please ask <apply@sfconservancy.org>.

+

Conservancy seems to be called a “fiscal sponsor” to its + member projects. Does that mean you give our project money if we join?

+ +

It's true that we would love to fund our member projects if it were + possible, because we believe they deserve to be funded. However, that's + not typically what a fiscal sponsor does. The term “fiscal + sponsor“ is often used in non-profit settings and has a standard + meaning there. But, to those not familiar with non-profit operations, + it comes across as a bit of a misnomer.

+ +

In this context, a fiscal sponsor is a non-profit organization that, + rather than fund a project directly, provides the required + infrastructure and facilitates the project's ability to raise its own + funds. Conservancy therefore assists your project in raising funds, and + allows your project to hold those funds and spend them on activities + that simultaneously advance the non-profit mission of the Conservancy + and the FLOSS development and documentation goals of the project.

What will the project leaders have to agree to if our project joins?