In a fiscal sponsorship, an established charity provides a kind of legal and financial umbrella to a charitable project that lacks 501(c)(3) status. These arrangements can benefit both larger organizations and the projects they sponsor. Small projects gain much-needed infrastructure, fiscal management and the ability to accept tax-deductible charitable donations. Sponsors gain exposure to new potential donors and enhancements to their own programs. But a poorly planned fiscal sponsorship could damage a sponsor’s finances and reputation. To learn more, contact us.

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