Fiscal Sponsorships at Community Foundations
Fiscal sponsorship can expand access to charitable infrastructure and help emerging projects, community initiatives, and grassroots efforts pursue their charitable goals without creating and managing a separate nonprofit organization. But it's not simply a pass-through arrangement; it requires that the sponsor accept meaningful responsibility, exercise discretion and control over funds raised, and clearly document the relationship with the sponsored project.
This resource, Fiscal Sponsorships at Community Foundations, offers guidance on the laws, regulations, and practices of several models of fiscal sponsorship, diving into the structure, benefits, and pitfalls of each.
Note: For comprehensive guidance on fiscal sponsorship, see the Mastering Foundation Law chapter Fiscal Sponsorship.