Fiscal Sponsorships: What They Are and How to Use Them

As a new nonprofit, you may be considering fiscal sponsorship as an option to get you up and running. Or perhaps you have a temporary project with a nonprofit mission needing support for a specified time.

While a fiscal sponsorship arrangement has its benefits, there are certain considerations to keep in mind before committing to it. The following article will help you understand both the benefits and the drawbacks of a fiscal sponsorship so your organization or project can be best prepared.

What is a Fiscal Sponsorship?

A fiscal sponsor is a nonprofit with 501(c)(3) exempt status that provides fiduciary oversight,

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