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:
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:
