Movement Strategy Center (MSC) may offer bridge funding from its operating reserve to its fiscally sponsored projects (FSPs) to ease short-term cash flow gaps due to timing of payments from outside funders. 

Board Approved Bridge Funding Policy

1. Project submits the following via email to the COO, Lauren Wheat, at lauren@movementstrategy.org.

   • A budget detailing how they will use the funds and 

   • Confirmation that all secured funding are recorded as opportunities/grants in Netsuite.

   • Requested amount

2. ELT reviews the request against MSC’s bridge funding policies and information submitted by the FSP.

3. If approved, 

   • Finance Lead will determine the amount of interest expense the project will be asked to cover and communicate it to the project and PA.

   • MSC’s Compliance team will draft a bridge funding agreement.

   • MSC’s Operations Team will send the agreement via Docusign.

4. MSC’s Finance Team will process the funds transfer and record the transfer and repayment obligation in Netsuite.

   • Finance team will attach the agreement to the transaction. 

The bridge funding will appear under the Interagency Allocation account on your financial statements. The eventual repayments will appear under the Interagency Receivable account on your financial statements.