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Creating Charitable Programs in Times of Crisis with Fiscal Sponsorship

In the wake of devastating crises, swiftly and effectively creating charitable programs in times of crisis are essential to provide immediate relief to those affected. The recent catastrophic fires in Lahaina, Hawaii, underscored the urgent need for such initiatives. The RELIEF Foundation, in collaboration with local entrepreneurs, has risen to the occasion by harnessing the […]

Model B Fiscal Sponsorship Responsibilities

Model B Fiscal Sponsorship Responsibilities

Fiscal Sponsors vs Sponsored Project Responsibilities in Model B With Model B fiscal sponsorship responsibilities, both the fiscal sponsor and the sponsored project have specific responsibilities, particularly concerning accounting and reporting. Here’s an explicit breakdown of their respective roles: Fiscal Sponsor Responsibilities Sponsored Program Responsibilities 1. Receive and administer charitable contributions on behalf of the […]

The Advantages of Model B Fiscal Sponsorship

The Advantages of Model B Fiscal Sponsorship

The Advantages of Model B Fiscal Sponsorship: Empowering Fiscal Sponsors for Effective Oversight at Scale Fiscal sponsorship is crucial in supporting charitable projects and initiatives by providing them with tax-exempt status and administrative support. Different fiscal sponsorship models exist, each with its unique characteristics and benefits. This article will focus on the advantages of model […]