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Get the free What is fiscal sponsorship? How do I find a fiscal sponsor?

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EligibilityOrganization Legal Name: Zelig.var__720956__T2Odetcfav_0 Popular Name if different from legal name: Zelig.var__720956__T2Odetcfav_1 Which of the following are you? A 501c3 or Fiscally Sponsored
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01
Research and identify a reputable fiscal sponsor organization.
02
Review the fiscal sponsorship agreement and determine if it meets your needs.
03
Provide all necessary information and documentation requested by the fiscal sponsor.
04
Develop a clear fundraising plan outlining how funds will be raised and how they will be used.
05
Communicate regularly with the fiscal sponsor and provide updates on your project or organization.

Who needs what is fiscal sponsorship?

01
Nonprofit organizations and projects that do not have their own tax-exempt status.
02
Individuals or groups seeking to raise funds for charitable activities but do not want to create a separate nonprofit entity.
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Fiscal sponsorship is when a 501(c)(3) nonprofit organization provides financial and administrative support to a project or initiative that does not have its own tax-exempt status.
The nonprofit organization providing fiscal sponsorship is required to file paperwork with the IRS to establish the relationship.
To fill out fiscal sponsorship paperwork, the sponsoring nonprofit must complete Form 1023 and submit it to the IRS.
The purpose of fiscal sponsorship is to allow projects or initiatives without tax-exempt status to receive funding and support through an established nonprofit organization.
The fiscal sponsorship paperwork must include details on the project or initiative being sponsored, the financial arrangement between the parties, and the responsibilities of each party.
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