Quoting the article Serving as a Fiscal Sponsor by the law firm Arnold & Porter: In a fiscal sponsorship, a 501(c)(3) public charity or private foundation receives tax-deductible contributions on behalf of a group or organization that is not recognized by the IRS as tax-exempt under section 501(c)(3). Some projects use fiscal sponsors while their... Read More
Here are some great resources from our online library to get you started: Understanding Nonprofit Financials Red Flags in Nonprofit Financials How to Read Potential Grantees’ Financial Statements What Makes an Effective Nonprofit Streamlining Your Financial Due Diligence Read More
Some philanthropists decide to operate in the public realm early on. Others go public at some point over time, often when they feel compelled to act. However it emerges, going public can be a pivotal transition point and a bold act of leadership. We gathered a list of big and small ways funders go public... Read More
You won’t find bullies on every board, but, when you do, they can create surprisingly high levels of stress for fellow board members and damaging the integrity, effectiveness, and impact of the board’s work. Try these tips for a successful, creative response to bullying behavior. Read More