Fiscal sponsorship is when a nonprofit shares its tax-exempt status with a project or group doing charitable work aligned with its mission. The sponsor accepts tax-deductible donations and grants on the project’s behalf, manages the funds to ensure charitable use, and often provides administrative support. Sponsors typically charge a fee (usually 5–10%) for these services.
More information on Fiscal Sponsorships can be found on the National Council of Nonprofits website.
A fiscal sponsorship involves an existing 501(c)(3) nonprofit offering to provide its tax-exemption and associated benefits to another group, usually a charitable project. The project should generally be aligned with the overall mission of the sponsoring charity.
Donors wishing to support the activity give directly to the sponsoring organization, designating their gift to the activity. Tax-deductibility of the gift is provided by the fact that the sponsor has 501(c)(3) status.
National Network of Fiscal Sponsors (NNFS) is a professional network of organizations and individuals in the fiscal sponsorship field who strive to be relevant, visible, and collaborative.
For more info on choosing a fiscal sponsor check out Candid’s blog: All you need to know about fiscal sponsorship.
Forefront is proud to offer fiscal sponsorship to select organizations. If you’re interested in exploring this opportunity, please take a few minutes to fill out this online form. Your responses will help us understand if Forefront is the right partner for your work. All information you share will be kept private and only reviewed by the Forefront staff who support fiscal partnerships.
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