What are alternatives to starting a nonprofit?
Starting a nonprofit may be the most complicated way to act on your passion to serve your community.
Answers to your most pressing social sector and nonprofit questions.
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Starting a nonprofit may be the most complicated way to act on your passion to serve your community.
Instead of starting your own nonprofit, you can work with an existing 501(c)(3) public charity under a formal arrangement known as fiscal sponsorship. You can ask for grants and tax-deductible donations under your sponsor's exempt status. Fiscal sponsorship can also open a world of grant opportunities to individuals, such as artists.
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Please be aware that fiscal sponsorship policies and guidelines are unique to each fiscal sponsor and project.
Yes, a nonprofit organization may create a subsidiary with either a for-profit or a nonprofit structure. In some situations creating a subsidiary may make sense. If you think this is something your organization should do, please talk to an attorney familiar with both corporate and nonprofit law to fully understand the tax and legal implications.