Many individuals looking to develop a charitable program assume that they need to create a nonprofit organization to solicit tax-deductible contributions. While establishing a nonprofit is often the best course of action, for many there is another way – fiscal sponsorship. Fiscal sponsorship is a partnership with a 501(c)3 tax-exempt organization – the fiscal sponsor …
Fiscal sponsorship is one of the topics we have been receiving a surge of inquiries about during the pandemic at The Law Firm for Non-Profits. Some of these inquiries are driven by organizations seeking a way to respond quickly to one of the myriad challenges facing our country. Others are looking for a way to …
The Academy Awards are announced this Sunday. Why is this mentioned on a 501(c)(3) law blog? Believe it or not, Oscars and nonprofits have something in common! Of course, many documentaries and shorts are produced by or with funding from nonprofits. But this year, the big prize could go to a feature film funded by …
