Fiscal Sponsorship: An Alternative to Forming a Nonprofit 501(c)(3) Corporation

Launching a charitable program can be an exciting endeavor—but navigating the legal and administrative requirements of forming a 501(c)(3) nonprofit corporation can be daunting. If the charitable initiative is modest in scale or still in the early planning stages, a fiscal sponsorship can offer a practical alternative.  By partnering with an existing nonprofit, an individual or group can begin operating a program under their tax-exempt status, often with fewer startup hurdles and ongoing compliance obligations. In this article, our friends at Public Counsel explore tips, considerations and questions concerning fiscal sponsorship.