What is Fiscal Sponsorship?
Fiscal sponsorship is an arrangement where an exempt organization, typically a 501(c)(3) public charity, furthers its mission by receiving and expending funds to support a mission-aligned "Project" while retaining discretion and control over the funds.
There are multiple models of fiscal sponsorship, each designated by a letter of the alphabet. The two most commonly utilized models of fiscal sponsorship are the Pre-approved Grant or Model C and Comprehensive Model A fiscal sponsorship.