Fiscal Sponsorships

Fiscal Sponsorships

A fiscal sponsorship is like a nonprofit-in-a-box. It provides a donor with a way to operate charitable activities without the hassle of creating their own 501(c)(3). Once a fiscal sponsorship is established, it then serves as a broader fundraising platform.

A fiscal sponsorship is like a nonprofit-in-a-box. It provides a donor with a way to operate charitable activities without the hassle of creating their own 501(c)(3). Once a fiscal sponsorship is established, it then serves as a broader fundraising platform.

A fiscal sponsorship is like a nonprofit-in-a-box. It provides a donor with a way to operate charitable activities without the hassle of creating their own 501(c)(3). Once a fiscal sponsorship is established, it then serves as a broader fundraising platform.

Impact Start-Up

Impact Start-Up

As a new start-up works on becoming a 501(c)(3) nonprofit, the organization uses a fiscal sponsorship as a way to kickstart their efforts. These organizations leverage immediate benefits from the legal and tax exempt status of their fiscal sponsor. The organization can raise charitable donations while continuing to refine their efforts. Once the new organization has established its impact and network of funders, it will be in a position to graduate from the fiscal sponsorship and secure its own 501(c)(3) nonprofit status.

As a new start-up works on becoming a 501(c)(3) nonprofit, the organization uses a fiscal sponsorship as a way to kickstart their efforts. These organizations leverage immediate benefits from the legal and tax exempt status of their fiscal sponsor. The organization can raise charitable donations while continuing to refine their efforts. Once the new organization has established its impact and network of funders, it will be in a position to graduate from the fiscal sponsorship and secure its own 501(c)(3) nonprofit status.

Charities Based Outside the United States

Charities Based Outside the United States

Charities based outside the U.S. often enlist the support of a fiscal sponsor to allow them to offer U.S. donors the benefit of a tax deduction. Otherwise, gifts made to charities outside the U.S. without a 501(c)(3) designation are not tax deductible.

Charities based outside the U.S. often enlist the support of a fiscal sponsor to allow them to offer U.S. donors the benefit of a tax deduction. Otherwise, gifts made to charities outside the U.S. without a 501(c)(3) designation are not tax deductible.

Short-Term Projects

Short-Term Projects

Some social impact efforts are designed to be short-term, such as a one-day event or a program intended to last only a few years. In either case, creating a stand-alone 501(c)(3) organization for a limited program would not be time- or cost-efficient. In other situations, new social impact ventures may need time to consider their appropriate legal status: nonprofit, for-profit, or a hybrid of both. A fiscal sponsorship offers these organizations the time and space to determine whether a 501(c)(3) nonprofit status is right for them.

Some social impact efforts are designed to be short-term, such as a one-day event or a program intended to last only a few years. In either case, creating a stand-alone 501(c)(3) organization for a limited program would not be time- or cost-efficient. In other situations, new social impact ventures may need time to consider their appropriate legal status: nonprofit, for-profit, or a hybrid of both. A fiscal sponsorship offers these organizations the time and space to determine whether a 501(c)(3) nonprofit status is right for them.

For-Profit Social Impact Organization

For-Profit Social Impact Organization

Social impact organizations can be legally structured as LLCs or other for-profit corporate structures. These organizations can use a fiscal sponsorship to accept tax-deductible donations, rather than setting up a separate 501(c)(3).

Charitable Organizations and Start-Ups

Addressing the common pain points of starting a charitable organization, and how the UI Fiscal Sponsorship could be your solution


For-Profits Involved in Charitable Activities

If you are a for-profit organization, involved in charitable activities wanting to receive tax deductions, UI Fiscal Sponsorships could be your solution



Roadmap to becoming Fiscally Sponsored

All of the steps to achieve fiscal sponsorship laid out for you.




Case Study: Neonatal Rescue

Neonatal Rescue is a social impact organization that provides respiratory solutions to developing economies. Its initial product focuses on providing both CPAP and ventilation to infants and children.

Financing Change provides students with an understanding of innovative financing techniques. Students learn how finance can be used for good to fund impact solutions.


Fiscal Sponsorships

What are Fiscal Sponsorships?

Can for-profit organizations who are also involved in charitable activites receive tax deductions

What is the difference between a nonprofit and a 501(C)(3)?

Where do donors send funds?

What type of fiscal sponsorships do you offer?

What are the benefits of being fiscally sponsored?

(385) 286-5900

support@uicharitable.org

3507 N University Ave
Suite 125
Provo, UT 84604

©2020-2024 UI Ventures LLC, DBA UI Charitable Advisors. All Rights Reserved.
Portions © 2018-2024 University Impact. All rights reserved.
University Impact is recognized as a tax-exempt public charity as described in Sections
501(c)(3), 509(a)(1), and 170(b)(1)(A)(vi) of the Internal Revenue Code. EIN # 82-1504018

(385) 286-5900

support@uicharitable.org

3507 N University Ave
Suite 125
Provo, UT 84604

©2020-2024 UI Ventures LLC, DBA UI Charitable Advisors. All Rights Reserved.
Portions © 2018-2024 University Impact. All rights reserved.
University Impact is recognized as a tax-exempt public charity as described in Sections
501(c)(3), 509(a)(1), and 170(b)(1)(A)(vi) of the Internal Revenue Code. EIN # 82-1504018