Fiscal Sponsorship

Fiscal sponsorship is an arrangement where a nonprofit organization provides financial and legal support to a project or initiative that does not have its own tax-exempt status. This allows the project to receive tax-deductible donations and access grants under the umbrella of the sponsor’s nonprofit status. It is beneficial for smaller or new initiatives that seek funding without establishing their own organization. The fiscal sponsor typically manages the funds, ensuring compliance with regulations, while the project focuses on its mission and activities.