Due to a growing community need, CharlestonGOOD now offers fiscal sponsorship services in support of meaningful community projects.
So what exactly is “fiscal sponsorship?”
“Fiscal sponsorship is a formal arrangement in which a 501(c)(3) public charity sponsors a project that may lack exempt status. This alternative to starting your own nonprofit allows you to seek grants and solicit tax-deductible donations under your sponsor’s exempt status.” – the Foundation Center
Our fiscal sponsorship service (Model C/Pre-Approved Grant Relationship) allows local grassroots changemakers to focus on their passions/projects without getting bogged down by launching and managing a 501c3 nonprofit organization.
We don’t need more nonprofits. We need more innovative community leaders. And we need to support them.
To learn if fiscal sponsorship might be helpful to you, check out:
10 Questions Potential Projects Should Ask a Fiscal Sponsor
If you are interested in utilizing our fiscal sponsorship services, or would just like more information, please apply here.