An Interview With Fred Mednick, Founder, Teachers Without Borders

FS: What advice would you give to organizations similar to yours, in size and annual operating budget?
FM: There’s advice and then there’s action. Right now, TWB is able to serve as a fiscal sponsor and guide to a small number of young organizations seeking their nonprofit status. We do not charge a fee. We would advise, however, that organizations focus on their core mission and leverage what already exists so that they do not think they have to invent everything. Use QuickBooks for finances and wikis for collaboration. Find out what others are doing, and trade and barter. Stand on the shoulders of giants, and rely on partnerships. This, I believe, is key.