Is Fiscal Sponsorship Right For You?
don't let your lack of time or resources delay your impact.
We help non-profits increase their impact while by helping them clarify their mission raise the necessary revenue through our simple and quick Fiscal Sponsorship program.
More Mission. Less Administration.
Helping ministry leaders gain back time, and energy to focus on leading their mission.
what is fiscal sponsorship?
Using a fiscal sponsorship arrangement offers a way for a cause to attract donors even when it is not yet recognized as tax-exempt under Internal Revenue Code Section 501(c)3. In essence the fiscal sponsor serves as the administrative “home” of the cause. Charitable contributions are given to the fiscal sponsor, which then grants them to support the cause.
A fiscal sponsor is a nonprofit organization that provides fiduciary oversight, financial management, and other administrative services to help build the capacity of charitable projects.
Fiscal Sponsorship – A 360 Degree Perspective
Sponsored organizations are not separate and isolated entities; rather they are an integral part of the mission of the Alliance and Donor Fund. We receive charitable donations and grants on behalf of our sponsored organizations; maintain the necessary legal and financial infrastructure for all project activities, and distribute those finances in accordance with a signed agreement.
These organizations have been proposed to carry out a specific charitable purpose that fits within the stated objectives of the Christian Ministry Alliance. The organizations and their related projects must be approved by the ACN Executive Team for operation with an approved budget. At the end of the year, the sponsored organization must submit a brief report on how the finances were used and will keep the association updated through an annual report.
For additional information about our Fiscal Sponsorship program, we have created an informational sheet containing the most often asked questions.
A WORD FOR FOREIGN CHARITIES
Donor Fund, through the Christian Ministry Alliance can serve as a U.S. Fiscal Sponsor for Foreign Charities. If a foreign charity has donors or potential donors in the United States, the Alliance can receipt those donors’ gifts and then make grants to the foreign charity so that those donors can receive a U.S. tax deduction for their charitable gifts to foreign charities. If a foreign charity sets up an agreement with the Alliance, the charity can link its website to a targeted giving page to receive charitable gifts via online giving. If your organization has U.S. ex-patriot donors in-country who would like to support your organization, the Alliance can receipt their gifts as well, giving them a U.S. tax deduction.