What is a fiscal agent and do I need one to apply for a grant from the Koch Foundation?
A. A fiscal agent is a Catholic organization that will accept responsibility to disburse funds awarded to foreign recipients. Upon submission of a Letter of Request all foreign applicants are required to identify a Catholic organization listed in the U.S. Official Catholic Directory to act as their fiscal agent should they be awarded a grant. The foreign applicant must request the fiscal agent submit a letter of support to confirm that they are familiar with the requesting organization and are willing to disburse funds to foreign grantees. Since 911 and the implementation of the Patriot Act, the Foundation must ensure only genuine Catholic organizations are receiving the funds.
