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Fiscal Sponsorship
February 5 @ 12:00 pm - 1:00 pm
Attorneys Elizabeth Manchester and Russell Stein, Partridge Snow & Hahn
When looking to start a charity, many groups turn to a fiscal sponsor prior to receiving tax-exemption from the IRS. A fiscal sponsor is a nonprofit organization that “sponsors” certain charitable projects. A fiscal sponsorship is a relationship between the two parties that provides a way for a start-up charity to have an administrative “home.” This relationship allows the start-up time to administratively and financially grow and the ability to receive tax-deductible donations. A fiscal sponsor can be a very helpful steppingstone. This webinar will provide the information you need when considering whether to enter into a fiscal sponsor relationship.