The Health Care Foundation has an agreement with Support Kansas City, Inc. (SKC), a nonprofit outsourcing firm, to provide fiscal agent services for HCF grantees. The Foundation covers the cost of the services and refers applicants to SKC once they have a pending grant award. SKC reviews the applicants’ financial record-keeping procedures to determine whether the firm can expect timely, accurate and appropriate information about grant expenditures from the grantee.
Also, applicants can pursue other sources for these services. Sometimes an affiliate organization of the applicant can serve as a fiscal agent. Occasionally small, grass roots organizations find a fiscal sponsor among the larger partner organizations that they work with. Also, the Greater Kansas City Community Foundation provides fee-based fiscal agent services.