Benefits of Working With a Fiscal Sponsor

FISCAL SPONSORSHIP

  • Assets and liabilities of the sponsored project may be considered the assets and liabilities of the tax-exempt fiscal sponsor. 

ADMINISTRATION, RISK MANAGEMENT and FINANCIAL OVERSIGHT

  • An administrative structure with an independent board of directors;

  • Legal entity and liability insurance;

  • Bookkeeping and accounting;

  • Background checks;

  • Access to the sponsor’s infrastructure such as Zoom, website, software, memberships.

  • Advice and support on marketing, grant writing, and fundraising;

  • Ability to accept online and tax deductible donations;

  • Eligibility for grants that require non-profit status; 

  • Enhanced visibility with Central Oregon’s non-profit ecosystem (volunteers, donors, foundations);

  • Media coverage in local news outlets.

PROJECT MANAGEMENT

  • Policies and procedures;

  • Implementation oversight;

  • Maintaining project records and reports.

GRADUATION TO 501(c)3 NON-PROFIT STATUS

  • You may need the support and guidance to set up the governance, legal, financial and procedural requirements necessary for transition to non-profit status.