FAQs

What are the fiscally sponsored project director’s responsibilities?

A Tides fiscally sponsored project’s director is responsible for overall programmatic operations, all fundraising and the financial sustainability of the project, and the supervision of their employees and volunteers. Directors must:

  • Maintain an effective working relationship with Tides
  • Ensure all staff are trained to follow all Tides processes and procedures
  • Manage finances in accordance with Tides cash management policies
  • Authorize all financial transactions in accordance with funding guidelines and Tides policies
  • Direct allocations of financial and human resources to successfully carry out the project’s mission and activities within Tides and funding guidelines
  • Ensure compliance with applicable employment laws, rules and regulations
  • Communicate the goals, policies, and procedures of the project and Tides to staff, volunteers, and participants 
  • Provide employees clear direction, set appropriate work standards, and ensure a fair and healthy work environment
  • Follow all Tides procedures associated with the obligation and expenditure of funds. Develop, submit to Tides, and manage the annual budget and regularly review the fiscally sponsored project’s fiscal status with Tides staff
  • Assure timely and accurate delivery of all requisite information for employee benefit elections and Supplemental Personnel Policies, the hiring and terminating of employees, and any other employee status changes
  • Resolve any excess expenditure, unallowable cost, personnel, or other risk management issues of the fiscally sponsored project in a timely manner
  • Review staff job performance and address any employee performance issues in consultation with Tides
  • Prepare grant proposals consistent with Tides policies and ensure compliance with all grant agreements
  • Inform Tides of any new program activities in order to assure timely budgeting and assessment of potential risks
  • Develop internal systems to effectively collaborate with Tides and track activities as required
  • Maintain clear communication with the project’s advisory board, consult with the advisory board when appropriate, and keep Tides informed of all current advisory board members’ names, contact information, and term-ending dates