Fiscal Sponsorship

  1. The Carla Rose Foundation is now providing FISCAL SPONSORSHIP.

“Fiscal sponsors are nonprofits that enable the movement of money from funders to projects, ideas, organizations, and activities. While our models and missions differ, we have common questions and aspirations to ensure responsible use of the tool of fiscal sponsorship. We are committed to raising the understanding of fiscal sponsorship among the public and funders, we share a desire to build best practices, and we enhance the sector by building capacity to advance public benefit.”
~ National Network of Fiscal Sponsors

“(Fiscal sponsorship is) an arrangement between a 501(c)(3) public charity and a project (that does not have that tax status) in which, typically, the charity receives and expends funds to advance the charitable work of the project while retaining discretion and control over the funds.”
~ Eric Gorovitz, Principal, Adler & Colvin Legal Services

“Calling a charity a ‘fiscal agent’ implies that the project controls the charity. To comply with tax-exempt law, the relationship must be the reverse; the charity must be in the controlling position, and the nonexempt project must act so as to further the charity’s exempt purposes.
Fiscal sponsorship is the more accurate term. It implies, correctly, that the charity has made a choice to support the nonexempt project financially.”
~ Gregory L. Colvin, “Fiscal Sponsorship: 6 Ways to Do It Right”. 2nd ed. Study Center Press, 2005

Fiscal Sponsorship Project

BYE Logo

B.Y.E., LLC

Decorating Daydreams

Decorating Daydreams

Partner_For_Our_Daughters

For Our Daughters

Miss All Natural Pageant

Miss All Natural Pageant

Partner_Sable_Sands_Sanctuary

Sable Sands Sanctuary

Partner_Scholar_Connections

Scholar Connections

Scott's Branch Performing Arts Center

Scott’s Branch Performing Arts Center

 

Learn more at our National Directory Page: The Carla Rose Foundation Incorporated Fiscal Sponsorship Directory Listing