Fiscal sponsorship is a formal arrangement in which a 501(c)(3) public charity sponsors a project that may lack exempt status. This alternative to starting your own nonprofit allows you to seek grants and solicit tax-deductible donations under your sponsor's exempt status.
Why would you want to do this?
You want to establish a new 501(c)3, but you want to get to work right away
Alternatives will not work for you: Loans, Crowdsourced Funding
Finding the Right Fit in a Fiscal Sponsor
Know yourself, your project, your purpose in creating your project, and the outcomes
Is there a nonprofit that aligns with your vision?
What is the cost of fiscal sponsorship through that organization, and what do you get for the cost?
How accessible is the money you raise?
What requirements does your fiscal sponsor have for you?
Fractured Atlas for independent artists who do not want to start a nonprofit
Arts Alive! Arts Incubation / Fiscal Sponsorship Program for groups looking to become nonprofits
Hannah Grimes Center Resources:
FREE Fundraising Coaching with Katie Gardella 30 minute sessions
FREE Financing Coaching with Edward Kunttu
FREE Business Strategy Coaching with Wink Faulkner
FREE Marketing & Design Coaching with Peter Harris
Financial Fundementals @ Hannah Grimes beginning 3/7 - $600 (50% scholarships available)
Startup Lab @ Hannah Grimes 4/29 - $600 (50% scholarships available)