Sponsored Fund Accounts
Austin Parks Foundation’s Sponsored Fund Accounts (SFAs), allow Adopt-A-Park groups to fundraise for their park by joining into an agreement with APF. Funds raised can be designated for a particular park project.
- Funds are held by Austin Parks Foundation, removing the need for your group to register as a 501(c)3 non-profit, or set up a bank account
- Donors to your group or project may consider their gift a charitable donation for tax purposes
- Purchases made with the donated funds are exempt from sales tax
- Many grants require an organization to be a registered non-profit. APF can be the applicant on some grant applications, removing this barrier
We currently hold accounts for over 50 groups and you can click here for a full list of accounts.
If you would like to open a Sponsored Fund Account with APF, please contact Kathleen Barron at email@example.com, and our team will be happy to discuss next steps.