Fiscal sponsorship, at its core, is when a nonprofit organization extends its tax-exempt status to select groups engaged in activities related to the organization’s mission. Most often, fiscal sponsorship is used by organizations, individuals, or collaborations who are doing charitable work but who want an alternative to becoming a 501(c)(3) organization with the IRS. InContinue reading “The Good and Bad of Fiscal Sponsorship”
Category Archives: Community Impact
What’s a Needs Assessment?
There are so many nonprofits in the United States. To be more specific there are approximately 1.6 million. With so many nonprofits, how does a nonprofit stand out amongst the crowded space? A needs assessment is a systematic process for determining and addressing needs, or “gaps” between current conditions and desired condition. A needs assessmentContinue reading “What’s a Needs Assessment?”
How Your Nonprofit Can Engage in Community Issues
At the core of any nonprofit’s work is serving the community and providing needed resources, information or education to people who need it the most. But to remain in tune with community needs, nonprofits must maintain a constant presence and stay in close communication with local residents and community stakeholders. Knowing what’s really happening inContinue reading “How Your Nonprofit Can Engage in Community Issues”
