Cohort Stories & Updates
Sometimes, getting to yes means rewriting the rules. When our capacity-building model became too limiting, we trusted the expertise of our partners—seeding an idea that took root among multiple Magic Cabinet cohorts.
Several of our nonprofit partners are redefining what innovation looks like—using multi-year, capacity-building funding from Magic Cabinet to build critical infrastructure within their organizations and explore new revenue streams, setting them on a sustainable path for the future.
We're excited to announce Magic Cabinet's first cohorts of fiscally-sponsored organizations. Ushering in a new evolution of our grantmaking, we're eager to shift power to a new group of nonprofits to help them catalyze impact within the communities they serve.
As our first Magic Cabinet cohorts adjourn after five years together, cohort members share lessons learned, surprising moments, capacity-building projects, and what's on the horizon for their organizations.
Of the many benefits we’ve seen from our Cohort Model, there’s one unique aspect that defines its success: nonprofits resourcing each other to build stronger organizations through collaboration and connection.
A new survey on fiscal sponsorship explores the current state and future state of the field, including opportunities to introduce greater equity to the model.