Fiscal sponsorship501(c)(3) nonprofit status in just 24 hours for your missionOrganizing an event, project, or organization to serve the public good or your community? Consider fiscal sponsorship before the pain of paperwork distracts you from your goals.
$3,000 in up-front costs, from forms to state fees to support from legal counsel
The potential for the IRS to reject an application
Hiring bookkeepers and accountants to prepare taxes and provide upkeep annually to stay in good standing
Closing costs averaging around $5,000 if you lose or terminate status
The ability to receive tax deductible donations from sponsors.
Reduced taxable income for your U.S. supporters, which incentivizes giving.
Exemption from U.S. federal income tax and unemployment tax.
Potential exemption from state income, sales, and employment taxes.
Potential for reduced rates on postage, marketing, advertising, legal counsel, and more.
Bookkeeping and administration to ensure that all paperwork and taxes are filed
Fully established HR and benefits, which can vary by the fiscal sponsor
Waived responsibility to organize a board of directors
Fully transparent operational fees, typically ranging from 7-12% that prevent you from paying typical operating costs.
The ability to terminate your fiscal sponsorship agreement and file for separate tax-exempt status at any point.
A beautiful web interface to manage finances
Fee-free invoicing, ACH or check transfers, and reimbursements
A customizable and embeddable donations URL
A bank account and routing number to connect to external platforms, like Shopify and GoFundMe
Perks like PVSA certification, newsletter software, and 1Password credits