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Fiscal sponsor
Compliant receipt of grants and donations for projects operating without their own legal entity
Accountabilities
- Receiving and disbursing funds on behalf of sponsored projects under the sponsor's tax-exempt status
- Filing required regulatory reports covering sponsored project activity and issuing tax receipts to donors
- Reviewing and approving grant applications and donor gifts on behalf of the project
- Maintaining a fiscal sponsorship agreement defining project rights, fee structure, and exit conditions
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Used by 1 organisation we support
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