What is Fiscal Sponsorship?
Fiscal sponsorship provides new or existing charity projects (“foundation”) 501c3 status so that they can fulfill their charitable mission(s). By obtaining charitable status, the project secures the ability to solicit tax-deductible donations, apply for and distribute grants, host fundraisers/events, and operate mission-driven programs. Marlborough Regional Community Foundation, as the fiscal sponsor, provides back-office administration services for the charitable project.
Frequently Asked Questions
Partnering with a Fiscal Sponsor can open opportunities to receive funding that you would otherwise be ineligible for, like grants! Most Grant funders will only distribute funds to registered 501c3 organizations. When you use a Fiscal Sponsor, you are able to apply for a grant under the Sponsors EIN.
Fiscal Sponsors provide fiduciary oversight and back-office management so that you can accomplish your charitable goals quickly. Sponsorship lets you do your charitable work within 501c3 compliance standards, which protects your project and donors.
MRCF fiscal sponsorship allows you to:
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solicit tax-deductible donations,
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host a fundraiser or charity event,
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support a mission-based project,
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respond to a time-sensitive need (like a natural disaster or catastrophic event), or
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receive or distribute a grant.
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MRCF’s fiscal sponsorship is an efficient way to get started on achieving your fundraising and charity goals. This works for organizations that do not intend to become a 501c3 or are in the process of becoming a 501c3.
Yes, our work is focused on Marlborough and surrounding communities.
The first step is to complete our free, non-binding fiscal sponsorship application and provide documentation required for review. Use the contact form below and we will be in touch.
