MODULE #5
FISCAL SPONSORSHIP
You become a project of a fiscal sponsor because your mission aligns and the sponsorship provides the legal, financial and overhead infrastructure and services that you need to achieve your goals.
Executive Summary
Fiscal sponsors are tax-exempt charitable nonprofit organizations that provide different legal, financial and administrative services to individuals or projects that do not have independent tax-exempt status but conduct charitable nonprofit activities that align with the sponsor’s mission. Fiscal sponsors offer services that are customized to meet their organization’s mission, the needs of their projects and the needs of the local community.
Fiscally sponsored projects have the potential to realize many important benefits, including access to efficient and expert services and an ability to dedicate more time, and potentially resources, towards mission-based programs and activities.
What is Fiscal Sponsorship?
Learn how fiscal sponsors are structured, and how fiscal sponsorship functions as a shared service.
Fiscal Sponsorship in Action
Case studies explaining how TSNE MissionWorks, CultureWorks Philadelphia and Rainier Valley Corps offer unique versions of fiscal sponsorship.
- TSNE MissionWorks Case Study - Rethinking Overhead
Case study describing TSNE MissionWorks' style of comprehensive fiscal sponsorship.
- CultureWorks Greater Philadephia Case Study - Rethinking Overhead
Case study describing CultureWorks' fiscal sponsorship for arts organizations.
- Rainier Valley Corps Case Study - Rethinking Overhead
Case study describing Rainier Valley Corps' holistic approach to fiscal sponsorship.
Participating Organization Perspective
Risa Wilkerson, Executive Director of Healthy Places by Design, describes the organization's experience with shared services and as a project of TSNE MissionWorks.
Discussion Questions
Learn what questions you should ask about your organization and community to know if fiscal sponsorship is an appropriate option for you.