How can my project benefit from Fiscal Sponsorship with IDA?
Fiscal Sponsorship is a valuable fundraising tool that can expand your fundraising options. Many individual donors, foundations, and corporate funders will only donate to an established 501(c)(3) tax-exempt nonprofit organization. Fiscal sponsorship will allow you to apply for and accept such funding. Fiscal sponsorship is also an excellent alternative to investing your time and money into establishing your own 501(c)(3) tax-exempt organization. As Fiscal Sponsors on your project, IDA will not infringe on your creative control, copyright, or prevent you from future sales or profiting from your project. IDA seeks to be as non-intrusive as possible in monitoring the project. The main thing we monitor is to make sure the money is being properly dispersed and used for the project as budgeted.
