Most organizations start as a project that obtains fiscal sponsorship from a larger and more established nonprofit. This practice has become so commonplace that most of us become familiar with the concept of fiscal sponsorship very early in our nonprofit journey.
But pursuing or being a fiscal sponsor requires careful thought, planning, and negotiation. To help nonprofits better understand the available models, we brought in fiscal sponsorship expert Andrew Schulman to discuss three fiscal sponsorship models, share resources for finding fiscal sponsors, and provide insight into negotiating your fiscal sponsorship agreement.
(3:47) The most common types of fiscal sponsorship
(4:40) The benefits of a startup nonprofit using a fiscal sponsor
(5:53) How organizations can separate from their fiscal sponsor
(8:44) Andrew explains Fiscal sponsorship Model C
(12:38) The assistance organizations need for a fiscal sponsorship relationship
(14:00) Things to consider before becoming a fiscal sponsor
(17:17) How to find a fiscal sponsor
(21:40) The project side of fiscal sponsorship
(25:50) Questions that projects seeking a fiscal sponsor should ask
(27:32) How a sponsored project can be certain that it is ready to separate and become independent
(31:49) The deal making advice our guest would give to Donald Trump