Baltimore Civic Fund
Working to enhance the quality of life for all Baltimoreans. Fiscal sponsor for partnerships between the City of Baltimore and the philanthropic community. The mission of the Baltimore Civic Fund is to enhance the quality of life for all residents of Baltimore, one grant, one program, and one partnership at a time. As the fiscal sponsor for the City of Baltimore since 1981, the Civic Fund is an independent 501(c)(3) organization that serves as the financial backbone for public-private partnerships between innovative City programs and the philanthropic community. In this role, the Civic Fund manages millions of dollars annually and provides technical assistance, grant management support, and fund stewardship for more than 125 City programs that promote business and economic development, education, culture and the creative economy, job growth, and more.
Baltimore Civic Fund
The Baltimore Civic Fund is a nonprofit organization based in Baltimore, Maryland. It was established in 1981 by Mayor William Donald Schaefer and serves as a fiscal sponsor for the City of Baltimore, facilitating public-private partnerships and philanthropic support for city programs[1][2].
Mission
The organization's mission is to enhance the quality of life for all Baltimore residents by providing access to essential assets, resources, and opportunities. It aims to foster a collaborative environment between government agencies and the philanthropic community, promoting community vitality and equity[2][5].
Services
- Fiscal Sponsorship: The Civic Fund provides financial management and administrative support for city agencies, enabling them to receive and manage philanthropic funds effectively[3][4].
- Technical Assistance: It offers strategic planning, program design, and implementation guidance to both government agencies and community organizations, serving as an innovation hub[3].
- Grantmaking: The Fund supports various projects and initiatives across Baltimore through grantmaking, focusing on areas like health, public safety, and economic development[2][4].
- Capacity Building: It helps organizations build their capabilities to sustainably address local needs[4].
Governance
The Baltimore Civic Fund is governed by a volunteer Board of Directors. The Mayor of Baltimore appoints up to 51% of the board members, with the remaining members elected by the board itself. Notable board members include Dr. John Brothers from T. Rowe Price Foundation and Michael Moiseyev, Director of Finance for the City of Baltimore[1][5].
Leadership
HyeSook Chung serves as the President of the Baltimore Civic Fund. She brings extensive experience in social welfare, having previously served as the Deputy Mayor of Health and Human Services for the District of Columbia[1].
Financial Overview
The Civic Fund manages over $20 million annually to support more than 125 city programs aimed at promoting economic development, education, and job growth[1].
History
Since its inception, the Fund has played a pivotal role in connecting governmental entities with philanthropic resources, making it a vital intermediary organization in Baltimore's development[1][2]. In recent years, it has expanded its mission to include supporting community-based initiatives and fostering equity within the city[1].
Values
- Stewardship: The Civic Fund emphasizes integrity, transparency, and accountability in managing public and private funds.
- Equity: It integrates an equity lens in its internal operations and external partnerships.
- Innovation and Creativity: The organization continuously seeks to innovate and adapt its programs.
- Collaboration: It facilitates partnerships between public, private, and community entities to work towards a more equitable Baltimore[1].
Founded
1981
X (Twitter)
357
Address
Baltimore
Baltimore Civic Fund
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