Grant Writing Tips

and Tricks

What does fiscal sponsorship mean?

Often when we have a big idea, our first thought is, I should start a nonprofit! But before you jump into a huge pile of paperwork, let’s look at what you need: 

Tax exempt status 

Administrative infrastructure, and 

Funding 

Did you know you could use a fiscal sponsor for these needs?

We love the way Propel Nonprofits talks about this topic and you can check out their YouTube video linked below. Coincidence it features a unicorn?! (The unicorn is our mascot )

This video does a great job of explaining why it can be beneficial to test the waters with your idea before jumping all in with becoming your own nonprofit. 

But first…

What is fiscal sponsorship? 

A fiscal sponsor serves as the administrative “home” for your cause. A more detailed fiscal sponsorship definition is this:

Fiscal sponsors are existing nonprofit organizations that provide fiduciary oversight, financial management, and other administrative services to help...

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