Fiscal sponsorship is a common mechanism used in the nonprofit sector that enables individuals and groups to start a new program without establishing a new, separate nonprofit organization. Fiscally Sponsored Projects receive the charitable status from their fiscal sponsor, based on a contractual agreement, for a limited period of time.

Fiscally Sponsored Projects of the Foundation are not separate entities, rather, they are an integral part of the Foundation and receive administrative, financial and supportive services to incubate developing projects, which may be the establishment of a new organization, or to see a time-limited project to completion.

These projects are considered by the Foundation on a case-by-case basis, review of a formal application, creation of a contract, and approval by the TCF Board of Directors.

To learn more about fiscally sponsored projects from The National Council on Non-Profits, click here.