Nonprofit terminology
Fiscal Sponsorship: The pros and cons
Fiscal Sponsorship can be an efficient way to start your new charity quickly.
February 27, 2023
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Programs:
Start a new nonprofit quickly
Individuals use ribbon to start their new nonprofits quicker through fiscal sponsorship.
Start a private foundation
Use Ribbon to behave like a private or family foundation without having to formally file as a 501(c)(3)
Save time, money, and effort
Individuals use ribbon to avoid long IRS wait times, high startup costs, and start a charity sooner.
Sponsors:
Be a fiscal sponsor
Nonprofits use ribbon to fiscally sponsor charities, programs, and organizations.
Manage existing fiscal sponsorships
Nonprofits use ribbon to manage existing sponsored charities, programs, and organizations.
Build a nonprofit network
Nonprofits use ribbon to build a local or national network of charitable organizations and programs.
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Individuals and nonprofits use ribbon to build a coalition of charitable organizations united under a single mission.
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Featured
What is Fiscal Sponsorship?
When Fiscal Sponsors can ‘lend’ their nonprofit status to a nonexempt project or cause through a process called Fiscal Sponsorship.
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