• Fiscal Sponsorships

    The term fiscal sponsorship is a contractual relationships that allows an organization to advance charitable activities with the benefit of the tax-exempt status of the Givsum Foundation. There are two basic models known as Model A and Model C

    Model A

    Best for Experimental and Incubating Projects

    Comprehensive, in which the assets, liabilities, and exempt activities collectively referred to as the project are housed within the fiscal sponsor.

    Resources:

    Balanced Overview

    Comparing Model A & C

    Model C

    Best for New Projects Wanting Separate Existence

    Pre-approved grant relationship in which the project is run by a separate entity funded by the fiscal sponsor.

    Resources:

    Balanced Overview

    Comparing Model A & C

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