What is Fiscal Sponsorship?
- Fiscal Sponsorship is an important and useful tool for the charitable community. Fiscal sponsorship is when a nonprofit organization (called the Sponsor) extends its tax-exempt status to
select groups (called the Sponsored Organization) engaged in activities and projects related to the mission and goals of the Sponsor.
- On behalf of the Sponsored Organization, MAHUBE-OTWA will establish and operate a designated account for the organization's project that is segregated from the Sponsor's fiscal books. All
amounts deposited into a project's account will be used in its support project, less administrative charges, if any, and subject to the conditions as set forth in the Fiscal Sponsor
Yes, our organization is interested in Fiscal Sponsorship with MAHUBE-OTWA. How do we apply?
STEP ONE: Complete and submit a one-page Fiscal Sponsor Step 1 Application telling us about your
organization and answer 8 short yes/no questions.
STEP TWO: You will hear back from us within 10 business days with any additional follow-up questions. A fiscal sponsor agreement signed by both parties
finalizes the arrangement and must be in place before listing MAHUBE-OTWA as a fiscal sponsor on any solicitations.